PMI (NYSEAMERICAN:PMI – Get Free Report) saw a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 37,672 shares, a decline of 83.8% from the September 15th total of 231,853 shares. Approximately 1.6% of the shares of the company are short sold. Based on an average daily volume of 113,599 shares, the short-interest ratio is presently 0.3 days.
PMI Stock Down 2.1%
NYSEAMERICAN:PMI traded down $0.20 during trading hours on Friday, hitting $9.48. 299,400 shares of the company were exchanged, compared to its average volume of 320,984. PMI has a 52-week low of $2.65 and a 52-week high of $684.00. The company’s 50 day moving average price is $5.31 and its 200-day moving average price is $16.74.
PMI (NYSEAMERICAN:PMI – Get Free Report) last released its earnings results on Wednesday, August 19th. The company reported ($3.05) EPS for the quarter. PMI had a negative return on equity of 825.18% and a negative net margin of 444.83%. The firm had revenue of $2.95 million for the quarter. Analysts anticipate that PMI will post -8.50 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.
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