|Bid||17.50 x 1000|
|Ask||22.00 x 1000|
|Day's Range||17.71 - 18.43|
|52 Week Range||13.28 - 19.32|
|Beta (5Y Monthly)||0.75|
|PE Ratio (TTM)||12.10|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Mar 18, 1999|
|1y Target Est||N/A|
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Net cash provided by operating activities increased 117% to $2.7 million at September 30, 2022, versus the same quarter one year earlier.Cash and cash equivalents and short term investments at September 30, 2022 was $48 million and approximately the same at June 30, 2022.Book Value Per Share increased 5% to $22.05 per share at September 30, 2022, versus the same quarter one year earlier.Total MRI scan volume at the HMCA-managed sites decreased 8.3 % ...
On August 3, 2022, FONAR founder and The Father of MRI, Raymond V. Damadian, died at 86. Dr. Damadian was the Chairman of the Board at the time of his passing. Since 2016 Dr. Damadian's son, Timothy Raymond Damadian, has been the president and CEO of FONAR. Timothy will also take over as Chairman of the Board.On September 13, 2022, the Company adopted a stock repurchase plan of up to $9 million. ...
Melville, New York--(Newsfile Corp. - August 5, 2022) - FONAR Corporation (NASDAQ: FONR), The Inventor of MR Scanning™, reported today the passing of Founder and Chairman Raymond V. Damadian, MD on August 3, 2022.Highlights of the life of Dr. Raymond Damadian:Founded FONAR Corporation (1978), the first company in the MRI industry, maker of the QED80, the world's first MRI scanner (1980)Conceived the idea for MRI in 1969 Made the discovery in 1970 that is ...