PMI (NYSEAMERICAN:PMI – Get Free Report) announced its quarterly earnings results on Wednesday. The company reported ($3.05) earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of $2.95 million during the quarter.
PMI Price Performance
PMI opened at $3.29 on Thursday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.16 and a current ratio of 0.75. The company’s 50 day moving average is $11.05 and its 200-day moving average is $34.22. PMI has a 1-year low of $3.08 and a 1-year high of $684.00.
Analyst Upgrades and Downgrades
A number of analysts have issued reports on PMI shares. HC Wainwright reissued a “neutral” rating on shares of PMI in a report on Wednesday, June 3rd. Zacks Research upgraded PMI to a “hold” rating in a research note on Tuesday, May 19th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company presently has an average 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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