Today, the Treasurer of Fonar Corp (NASDAQ: FONR), Raymond Damadian, sold shares of FONR for $36.26K.
See today’s analyst top recommended stocks >>
Based on Fonar Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $20.98 million and quarterly net profit of $3.48 million. In comparison, last year the company earned revenue of $20.01 million and had a net profit of $5.9 million. FONR’s market cap is $176.2M and the company has a P/E ratio of 10.78. Currently, Fonar Corp has an average volume of 20.68K.
Raymond Damadian’s trades have generated a -30.5% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
FONAR Corp. engaged in the business of designing, manufacturing, selling and servicing magnetic resonance imaging scanners. The company operates through two segments: Medical Equipment and Physician Management & Diagnostic Services.
