Fonar Corporation Stock News

The company focuses on managing diagnostic imaging centers, and it has slow and predicable revenue growth with decent margins. In my view, the Q2 FY24 results were strong as revenues inched up by 4.7%

FONAR Corporation's shares have declined 8.2% since I last wrote about it, while the S&P 500 gained 10.9%. The company's recent financial results show flatlined revenue and increased costs. Despite th

Although the Covid-19 pandemic naturally sparked concerns about social unrest and economic instability, the equities market overall has been incredibly resilient, thus seemingly negating the concept o

FONAR stock is trading well below book value and remains profitable which is key. Cash, liquidity and equity all continue to grow on the balance sheet.

I think the financial performance has been excellent over the past three quarters. I particularly like the renewed strength of the capital structure. At the same time, the shares are cheap by some mea

Fonar press release (FONR): Q2 GAAP EPS of $0.57.Revenue of $24.48M (+16.0% Y/Y).Shares +1.9% PM.

Fonar Corp. (FONR) shares closed today at 0.3% above its 52 week low of $14.51, giving the company a market cap of $95M. The stock is currently down 16.0% year-to-date, down 18.9% over the past 12 months, and down 28.3% over the past five years. This week, the Dow Jones Industrial Average fell 0.2%, and the S&P 500 rose 0.3%. Trading Activity Trading volume this week was 19.6% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.8. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Health Care industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by 2.3% The company's stock price performance over the past 12 months lags the peer average by 32.0% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is -136.1% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

Key Prominent Players Covered in the MRI Equipment Market are General Electric Company (GE Healthcare), Siemens Healthineers AG, Koninklijke Philips N.V., Canon Medical Systems Corporation, Hitachi, Ltd., Esaote SpA, Time Medical Holding, Shenzhen Anke Hi-tech Co., Ltd., Shenzhen Basda Medical Apparatus Co., Ltd., Fonar Corporation, Others Key Prominent Players Covered in the MRI Equipment Market are General Electric Company (GE Healthcare), Siemens Healthineers AG, Koninklijke Philips N.V., Canon Medical Systems Corporation, Hitachi, Ltd., Esaote SpA, Time Medical Holding, Shenzhen Anke Hi-tech Co., Ltd., Shenzhen Basda Medical Apparatus Co., Ltd., Fonar Corporation, Others

Hillsdale Investment Management Inc. boosted its holdings in shares of FONAR Co. (NASDAQ:FONR) by 3.2% in the 3rd quarter, Holdings Channel reports. The fund owned 90,877 shares of the medical equipment providers stock after acquiring an additional 2,830 shares during the quarter. Hillsdale Investment Management Inc.s holdings in FONAR were worth $1,405,000 at the end []

Melville, New York(Newsfile Corp. November 23, 2021) FONAR Corporation (NASDAQ: FONR), The Inventor The post Fonar Board of Directors Appoints Independent Director first appeared on IT Business Net .

Melville, New York--(Newsfile Corp. - November 23, 2021) - FONAR Corporation (NASDAQ: FONR), The Inventor of MR Scanning, today announced that on November 17, 2021, its board of directors appointe…

Total MRI scan volume at the HMCA-managed sites increased 11.6 % to 48,469 scans for the quarter ending September 30, 2021 versus the same quarter one year earlier. This is highest quarterly total

Total MRI scan volume at the HMCA-managed sites increased 11.6 % to 48,469 scans for The post FONAR Announces First Fiscal Quarter Earnings first appeared on IT Business Net .

Revenue almost hits $90 million & EBIT grows by 25% to surpass $17 million in Fonar's latest fiscal year.