Fonar Corp's fundamentals are relatively very healthy, with industry-average ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 135 out of 205 in the Healthcare Equipment & Supplies industry.Institutional ownership is very high.In the medium term, the stock price is expected to trend up.Despite an average stock market performance over the past month, the company shows strong fundamentals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

Media Coverage
The current financial score of Fonar Corp is 8.39, ranking 45 out of 205 in the Healthcare Equipment & Supplies industry. Its financial status is robust, and its operating efficiency is high. Its latest quarterly revenue reached 26.04M, representing a year-over-year increase of 4.34%, while its net profit experienced a year-over-year increase of 27.87%.
The current valuation score of Fonar Corp is 6.36, ranking 165 out of 205 in the Healthcare Equipment & Supplies industry. Its current P/E ratio is 16.37, which is 0.92% below the recent high of 16.52 and 51.03% above the recent low of 8.02.

No earnings forecast score is currently available for Fonar Corp. The Healthcare Equipment & Supplies industry's average is 7.77.



Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Fonar Corp is 5.40, ranking 179 out of 205 in the Healthcare Equipment & Supplies industry. Currently, the stock price is trading between the resistance level at 18.71 and the support level at 18.45, making it suitable for range-bound swing trading.

The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of Fonar Corp is 5.00, ranking 113 out of 205 in the Healthcare Equipment & Supplies industry. The latest institutional shareholding proportion is 57.41%, representing a quarter-over-quarter decrease of 3.38%. The largest institutional shareholder is The Vanguard, holding a total of 363.79K shares, representing 5.86% of shares outstanding, with 6.69% decrease in holdings.

The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Healthcare Equipment & Supplies domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Fonar Corp is 3.60, ranking 121 out of 205 in the Healthcare Equipment & Supplies industry. The company's beta value is 0.99. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. Fonar Corp’s latest ESG disclosure is at an average level in the Healthcare Equipment & Supplies industry, showing no material impact on overall risk.