FONR News and Press, Fonar Corporation

The negative impact of COVID-19 on scan volume at all MRI imaging centers managed by FONAR’s subsidiary, Health Management Company of America (HMCA), continued throughout the first quarter of fiscal 2021. However, collective MRI scan volume increased by 50% to 41,566 for the 3-mont...

Blue Tower Asset Management provides portfolio management services to individuals, financial advisers, and institutions. Our strategy composite had another solid quarter in Q3 2020, recording a 10.44% gain, net of fees (10.78% gross). This quarter we exited our long-held positions...

COVID-19 continued to affect imaging center scan volumes in Q4. However, the Company recovered to nearly 75% of pre-COVID-19 levels by the end of Q4. Total MRI scan volume at the HMCA-managed sites decreased 42% to 27,757 scans for the three month period ending June 30, 2020 as compar...

FONAR (NASDAQ: FONR ) will be  added  to the Russell 3000 and Russell 2000 indexes effective Monday, June 29, at the open. More news on: FONAR Corporation, Healthcare stocks news, Read more ...

MELVILLE, N. Y., June 25, 2020 (GLOBE NEWSWIRE) -- FONAR Corporation (NASDAQ-FONR), The Inventor of MR Scanning™, reported today that upon the opening of U.S. markets on June 29, 2020, FONAR will, as part of the annual reconstitution of the Russell Indexes, be joining the broad-marke...

MELVILLE, N.Y., June 09, 2020 (GLOBE NEWSWIRE) -- FONAR Corporation (NASDAQ-FONR), The Inventor of MR Scanning™, today announced that on June 4, 2020, its board of directors appointed Richard E. Turk as a replacement independent director to fill vacancies on the Company’s boar...

COVID-19 drastically affects imaging center scan volumes and delays installations of two MRI scanners until 1 st Quarter of Fiscal 2021. Upon their completion, FONAR subsidiary, HMCA, will have 38 MRI scanners under its management. Cash and Cash Equivalents were $31.0 million as of M...

Book value is simply the net worth of a company, their assets minus their liabilities. Book value is often commonly called shareholders' equity. If you divide book value by shares outstanding, you get book value per share. When book value per share is greater than the price at which the compan...

Fonar Corporation ( FONR ) is probably one of the most undervalued stocks we have seen so far since the market collapse in early March. Its share price has gone down from about $20 a share at the beginning of the month to a current $12.13: Source: finviz.com At current levels, the compan...

With the US equity markets dropping significantly over the last few weeks, investors have been making tough decisions about where to deploy uninvested capital. Most companies are trading at cheaper valuations than they were at the beginning of the year, but the full extent of the economic fall...