News coverage about Fonar (NASDAQ:FONR) has been trending positive on Friday, Accern Sentiment reports. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Fonar earned a news sentiment score of 0.28 on Accern’s scale. Accern also assigned press coverage about the medical equipment provider an impact score of 44.8771780781369 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Fonar (NASDAQ FONR) traded up $0.35 during trading hours on Friday, hitting $25.25. The stock had a trading volume of 32,884 shares, compared to its average volume of 30,780. The firm has a market cap of $158.45, a PE ratio of 8.59 and a beta of 2.36. Fonar has a twelve month low of $17.20 and a twelve month high of $33.90.
In other news, Director Robert J. Janoff sold 1,000 shares of the company’s stock in a transaction dated Tuesday, February 20th. The stock was sold at an average price of $25.73, for a total transaction of $25,730.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 8.33% of the company’s stock.
Fonar Corporation (Fonar) is engaged in the business of designing, manufacturing, selling and servicing magnetic resonance imaging (MRI) scanners, which utilizes MRI technology for the detection and diagnosis of human disease, abnormalities, other medical conditions and injuries. The Company operates its business through two segments: Medical Equipment segment, and Physician Management and Diagnostic Services segment.
Receive News & Ratings for Fonar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fonar and related companies with MarketBeat.com's FREE daily email newsletter.