Fonar Director Robert J. Janoff Sells 1,000 Shares (FONR)
Fonar (NASDAQ:FONR) Director Robert J. Janoff unloaded 1,000 shares of the stock in a transaction that occurred on Thursday, January 9th. The stock was sold at an average price of $26.32, for a total value of $26,320.00. Following the transaction, the director now directly owns 2,000 shares of the company’s stock, valued at approximately $52,640. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Fonar (NASDAQ:FONR) traded down 4.37% on Monday, hitting $24.75. 744,515 shares of the company’s stock traded hands. Fonar has a 52-week low of $4.80 and a 52-week high of $26.40. The stock has a 50-day moving average of $18.89 and a 200-day moving average of $10.20. The company has a market cap of $153.6 million and a price-to-earnings ratio of 17.42.
Fonar (NASDAQ:FONR) last released its earnings data on Friday, November 15th. The company reported $0.37 EPS for the quarter. The company had revenue of $16.80 million for the quarter, compared to the consensus estimate of $9.50 million.
Fonar Corporation (NASDAQ:FONR) operates in two segments: medical equipment segment, and physician management and diagnostic services segment.
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