FONAR CORP (FONR)

US3444374058 - Common Stock

16.21  -0.06 (-0.37%)

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FONAR CORP

NASDAQ:FONR (4/29/2024, 1:01:48 PM)

16.21

-0.06 (-0.37%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Chartmill FA Rating
Valuation
Growth
Profitability
Health
Dividend
Overview
Earnings (Last)
Earnings (Next)
Ins Owners
Inst Owners
Market Cap108.77M
Shares
PE9.26
Fwd PEN/A
Dividend YieldN/A
Analysts
IPO
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FONR Daily chart

Company Profile

FONAR Corp. engages in the design, manufacture, sale, and servicing of magnetic resonance imaging scanners. The company is headquartered in Melville, New York and currently employs 561 full-time employees. The firm conducts its business in two segments. The medical equipment segment is conducted directly through FONAR. The physician management and diagnostic services segment is conducted through its subsidiary Health Management Corporation of America (HMCA). HMCA provides management services, administrative services, billing and collection services, credentialing services, contract negotiations, compliance consulting, purchasing, information technology (IT) services, hiring, conducting interviews and managing personnel, storage of medical records, office space, equipment, repair, maintenance service, and clerical and other non-medical personnel to medical providers engaged in diagnostic imaging.

Company Info

FONAR CORP

110 Marcus Dr

Melville NEW YORK 11747

P: 16316942929

CEO: Raymond V. Damadian

Employees: 561

Website: http://www.fonar.com/

FONR News

News Image24 days ago - Market News VideoFonar Becomes Oversold (FONR)
News Image3 months ago - NewsfileFonar Announces Six Months and 2nd Quarter Financial Results for Fiscal 2024

Total MRI scan volume at the HMCA-managed sites increased 13% to 101,990 scans for the six months ending December 31,...

News Image6 months ago - NewsfileFonar Announces Financial Results for the 1st Quarter of Fiscal 2024

On September 13, 2022, the Company adopted a stock repurchase plan of up to $9 million. At September 30, 2023,...

News Image6 months ago - NewsfileFonar Announces Distributor Agreement with AIRS Medical, Leader in AI-Powered MRI Technology

Melville, New York--(Newsfile Corp. - November 8, 2023) - FONAR Corporation (NASDAQ: FONR), The Inventor of MR Scanning™, announces that it...

News Image7 months ago - NewsfileFONAR Announces Financial Results for Fiscal 2023

On August 3, 2022, FONAR founder and The Father of MRI, Raymond V. Damadian, died at 86. At the time...

News Image9 months ago - InvestorPlace7 Bargain Stocks to Snatch Up Before They Bounce Back in the Second Half

While the best discounts may have faded in the spring of 2020, there are still bargain stocks to buy for adventurous investors.

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