Positron (OTCMKTS:POSC) Stock Price Down 7.7% – Here’s Why

Positron Corp. (OTCMKTS:POSCGet Free Report) shares dropped 7.7% during mid-day trading on Tuesday . The stock traded as low as $1.61 and last traded at $1.68. Approximately 22,101 shares traded hands during mid-day trading, an increase of 256% from the average daily volume of 6,205 shares. The stock had previously closed at $1.82.

Positron Trading Down 7.7%

The firm’s 50-day moving average price is $1.61 and its 200 day moving average price is $1.60. The company has a market cap of $55.00 million, a price-to-earnings ratio of -14.00 and a beta of 0.72.

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. Positron Corporation was incorporated in 1983 and is based in Niagara Falls, New York.

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