Positron (OTCMKTS:POSC) Posts Quarterly Earnings Results

Positron (OTCMKTS:POSC) issued its earnings results on Friday. The company reported ($0.04) EPS for the quarter, Zacks reports. Positron had a negative return on equity of 593.80% and a negative net margin of 1,975.71%.The firm had revenue of $0.11 million during the quarter.

Positron Stock Up 7.5%

Shares of Positron stock opened at $1.95 on Friday. The company’s fifty day simple moving average is $1.89 and its two-hundred day simple moving average is $1.78. Positron has a 12-month low of $1.23 and a 12-month high of $2.74. The firm has a market cap of $63.89 million, a PE ratio of -5.89 and a beta of 0.15.

About Positron

Positron Corporation, a nuclear medicine healthcare company, specializes in the business of cardiac positron emission tomography (PET) imaging in the United States. It offers attrius PET scanner, clinical and technical services, and financing solutions enables healthcare providers to accurately diagnose cardiac disease, improve patient outcomes, and practice cost effective medicines. Positron Corporation was incorporated in 1983 and is based in Niagara Falls, New York.