PMI (NYSEAMERICAN:PMI) Sets New 12-Month Low – Here’s What Happened

PMI (NYSEAMERICAN:PMI) reached a new 52-week low during mid-day trading on Monday . The company traded as low as $4.10 and last traded at $5.1450, with a volume of 178569 shares trading hands. The stock had previously closed at $4.3950.

Analyst Ratings Changes

Several analysts have commented on PMI shares. Zacks Research raised shares of PMI to a “hold” rating in a research report on Tuesday, May 19th. HC Wainwright reaffirmed a “neutral” rating on shares of PMI in a research note on Wednesday, June 3rd. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has an average rating of “Hold”.

PMI Trading Up 20.5%

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 fifty day moving average is $0.25.

PMI (NYSEAMERICAN:PMI) last issued its quarterly earnings data on Friday, May 15th. The company reported ($5.00) earnings per share for the quarter. The firm had revenue of $1.15 million for the quarter. Equities research analysts forecast that PMI will post -0.17 EPS for the current year.

PMI Company Profile

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.