PMI (NYSEAMERICAN:PMI – Get Free Report) announced its earnings results on Wednesday. The company reported ($3.05) earnings per share (EPS) for the quarter, FiscalAI reports. PMI had a negative net margin of 444.83% and a negative return on equity of 721.90%. The firm had revenue of $2.95 million for the quarter.
PMI Stock Performance
PMI stock opened at $3.03 on Friday. PMI has a 1-year low of $2.93 and a 1-year high of $684.00. The firm’s fifty day simple moving average is $10.79 and its 200-day simple moving average is $33.59. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.16 and a current ratio of 0.75.
Analyst Upgrades and Downgrades
Several equities research analysts recently issued reports on the company. HC Wainwright reissued a “neutral” rating on shares of PMI in a research note on Wednesday, June 3rd. Zacks Research raised PMI to a “hold” rating in a research note on Tuesday, May 19th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock 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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