PMI (NYSEAMERICAN:PMI – Get Free Report) issued its earnings results on Wednesday. The company reported ($3.05) earnings per share for the quarter, FiscalAI reports. The company had revenue of $2.95 million during the quarter.
PMI Stock Performance
Shares of PMI traded up $0.05 during mid-day trading on Wednesday, hitting $3.29. 62,111 shares of the company’s stock traded hands, compared to its average volume of 337,461. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.75 and a quick ratio of 0.16. The business’s 50-day moving average price is $11.25 and its 200-day moving average price is $34.43. PMI has a 1 year low of $3.08 and a 1 year high of $684.00.
Wall Street Analysts Forecast Growth
PMI has been the subject of several recent research reports. Zacks Research upgraded PMI to a “hold” rating in a research report on Tuesday, May 19th. HC Wainwright reissued a “neutral” rating on shares of PMI in a research report on Wednesday, June 3rd. Two research analysts have rated the stock with a Hold rating, According to MarketBeat, PMI currently has a consensus rating of “Hold”.
About PMI
Picard Medical Inc is a medical technology company which manufactures and sells the only total artificial heart. Picard Medical Inc is based in TUCSON, Ariz.
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