Positron (OTCMKTS:POSC) Announces Quarterly Earnings Results

Positron (OTCMKTS:POSC) announced its quarterly earnings results on Friday. The company reported ($0.03) earnings per share for the quarter, Zacks reports. Positron had a negative return on equity of 996.81% and a negative net margin of 1,996.75%.

Positron Stock Up 4.0%

POSC opened at $1.81 on Friday. The stock has a market cap of $59.47 million, a P/E ratio of -5.49 and a beta of 0.18. Positron has a 12 month low of $1.27 and a 12 month high of $2.74. The company has a fifty day simple moving average of $1.73 and a 200 day simple moving average of $1.86.

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.