Positron (OTCMKTS:POSC) Trading Up 1.9% - Should You Buy?

Key Points

• Positron Corp. shares increased by 1.9% to last trade at $1.65, despite a 48% decline in trading volume compared to the average.
• The company's market cap stands at $51.83 million, and it has a P/E ratio of -13.75, indicating losses relative to its earnings.
• Positron specializes in cardiac positron emission tomography (PET) imaging and offers diagnostic tools and services to enhance patient outcomes in healthcare.

Positron Corp. (OTCMKTS:POSC - )'s share price was up 1.9% on Monday . The company traded as high as $1.80 and last traded at $1.65. Approximately 17,400 shares changed hands during trading, a decline of 48% from the average daily volume of 33,244 shares. The stock had previously closed at $1.62.

Positron Stock Performance

The stock's fifty day moving average price is $1.63 and its two-hundred day moving average price is $1.66. The company has a market cap of $51.83 million, a P/E ratio of -13.75 and a beta of 0.43.

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.

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