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Positron (OTCMKTS:POSC) Trading Up 8.8% - What's Next?

Positron logo with Medical background

Positron Corp. (OTCMKTS:POSC - Get Free Report)'s stock price shot up 8.8% during trading on Wednesday . The stock traded as high as $1.60 and last traded at $1.60. 764 shares traded hands during mid-day trading, a decline of 89% from the average session volume of 6,794 shares. The stock had previously closed at $1.47.

Positron Price Performance

The firm has a 50-day simple moving average of $1.56 and a 200 day simple moving average of $1.55. The company has a market capitalization of $50.26 million, a PE ratio of -13.33 and a beta of 0.40.

Positron (OTCMKTS:POSC - Get Free Report) last released its quarterly earnings data on Thursday, May 15th. The company reported ($0.05) EPS for the quarter. The business had revenue of $0.12 million during the quarter.

Positron Company Profile

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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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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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