Positron (OTCMKTS:POSC) Shares Up 17.3% – Here’s Why

Positron Corp. (OTCMKTS:POSCGet Free Report)’s share price shot up 17.3% on Monday . The company traded as high as $2.19 and last traded at $1.90. 297,821 shares changed hands during trading, an increase of 20,283% from the average session volume of 1,461 shares. The stock had previously closed at $1.62.

Positron Trading Up 17.3%

The business’s 50-day moving average is $1.57 and its two-hundred day moving average is $1.62. The stock has a market capitalization of $59.68 million, a PE ratio of -15.83 and a beta of 0.40.

Positron (OTCMKTS:POSCGet Free Report) last announced its quarterly earnings results on Thursday, May 15th. The company reported ($0.05) earnings per share for the quarter. The company had revenue of $0.12 million for the quarter.

About Positron

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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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