FONR: FONAR Corporation - Summary | Jitta

FONAR Corporation

NASDAQ:FONR

Price
$22.36
Loss Chance
38.5%
6.43JITTA SCORE
136.57%Below Jitta Line
Jitta Ranking
22 / 809
459 / 4,775
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (63)
Recent Business Performance (25)
Financial Strength (100)
Return to Shareholders (30)
Competitive Advantage (72)
Jitta Signs
Revenue and EarningConsistent Growth in the past 5 years
Operating MarginExpansion
Debt LevelLow Long Term Debt
Return on EquityConsistently High
CapExVery Low
Key Stats
Jitta Score
Jitta Line
6.42
136.57%
2.42
0.50%
Healthcare Equipment
5.20
62.15%
8.60
27.36%
0.75
100.00%
COMPANY DESCRIPTION
FONAR Corporation, together with its subsidiaries, operates as a magnetic resonance imaging (MRI) company primarily in the Unites States. It is involved in the research, development, production, and marketing of medical scanning equipment, which uses principles of MRI for the detection and diagnosis of human diseases, abnormalities, other medical conditions, and injuries. The company operates in two segments, Manufacturing and Servicing of Medical Equipment, and Management of Diagnostic Imaging Centers. 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 markets its scanners to private diagnostic imaging centers and hospitals. It also provides non-medical management services, including development, administration, office space leasing, facilities, equipment, supplies, staffing, credentialing, accounting, billing and collection, assistance with compliance matters, and practice growth and marketing strategies development and implementation services, as well as engages in the training and supervision of non-medical personnel for diagnostic imaging facilities. The company also exports its products to the United Arab Emirates, Switzerland, Canada, England, Germany, and Puerto Rico. It owns and operates 4 diagnostic imaging facilities in Florida; and manages 26 MRI scanning facilities, including 19 facilities located in New York and 7 situated in Florida. The company was founded in 1978 and is based in Melville, New York.