FONAR Corporation

NasdaqCM FONR

FONAR Corporation Share Price on January 14, 2025: USD 15.16

FONAR Corporation Share Price is USD 15.16 on January 14, 2025, a -20.50% change year over year. Share price reflects current trading price of a company's stock; influenced by market dynamics and company performance.
  • FONAR Corporation 52-week high Share Price is USD 23.24 on February 26, 2024, which is 53.30% above the current Share Price.
  • FONAR Corporation 52-week low Share Price is USD 14.39 on May 20, 2024, which is -5.08% below the current Share Price.
  • FONAR Corporation average Share Price for the last 52 weeks is USD 17.35.
Key data
Date Share Price Price to Earnings Ratio (P/E) Price to Sales Ratio (P/S) Price to Book Ratio (P/B)
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NasdaqCM: FONR

FONAR Corporation

CEO Mr. Timothy R. Damadian M.D.
IPO Date Oct. 29, 1981
Location United States
Headquarters 110 Marcus Drive
Employees 520
Sector Industrials
Industries
Description

FONAR Corporation, together with its subsidiaries, engages in the research, development, production, and marketing of magnetic resonance imaging (MRI) scanners for the detection and diagnosis of human diseases in the United States. The company operates through two segments, Medical Equipment segment, and Physician Management and Diagnostic services segment. It provides Upright MRI scanner that allows patients to be scanned in weight-bearing conditions, such as standing, sitting, bending, or lying down. The company offers non-medical management, including administrative services, billing and collection services, credentialing services, contract negotiations, compliance consulting, purchasing IT services, hiring, conducting interviews, training, supervision and management of non-medical personnel, storage of medical records, office space, equipment, repair maintenance services, accounting, assistance with compliance matters and the development and implementation of practice growth and marketing strategies. The company owns and operates 5 diagnostic imaging facilities in Florida; and manages 39 MRI scanning facilities, including 25 facilities located in New York and 14 situated in Florida. It markets its scanners to private diagnostic imaging centers and hospitals. The company was incorporated in 1978 and is based in Melville, New York.

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StockViz Staff

January 15, 2025

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