Positron (OTCMKTS:POSC) Trading Up 1.6% – Time to Buy?

Shares of Positron Corp. (OTCMKTS:POSCGet Free Report) shot up 1.6% during mid-day trading on Monday . The company traded as high as $1.94 and last traded at $1.89. 3,079 shares traded hands during trading, a decline of 88% from the average session volume of 26,245 shares. The stock had previously closed at $1.86.

Positron Trading Down 0.2%

The company’s fifty day moving average is $1.84 and its 200 day moving average is $1.82. The company has a market cap of $60.54 million, a P/E ratio of -5.58 and a beta of 0.14.

Positron (OTCMKTS:POSCGet Free Report) last released its earnings results on Friday, May 15th. The company reported ($0.04) EPS for the quarter. Positron had a negative net margin of 1,996.75% and a negative return on equity of 996.81%. The firm had revenue of $0.11 million during the quarter.

About Positron

(Get Free Report)

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.

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