Somewhat Positive Press Coverage Somewhat Unlikely to Impact Fonar (FONR) Share Price

Media headlines about Fonar (NASDAQ:FONR) have been trending somewhat positive on Saturday, according to Accern Sentiment. The research group ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Fonar earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave news articles about the medical equipment provider an impact score of 46.9417649480488 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Fonar (NASDAQ:FONR) opened at $24.00 on Friday. The company has a market cap of $160.08, a PE ratio of 8.70 and a beta of 2.71. Fonar has a 52 week low of $17.20 and a 52 week high of $33.90.

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Fonar Company Profile

Fonar Corporation (Fonar) is engaged in the business of designing, manufacturing, selling and servicing magnetic resonance imaging (MRI) scanners, which utilizes MRI technology for the detection and diagnosis of human disease, abnormalities, other medical conditions and injuries. The Company operates its business through two segments: Medical Equipment segment, and Physician Management and Diagnostic Services segment.

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