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

PMI (NYSEAMERICAN:PMIGet Free Report) reached a new 52-week low on Monday . The stock traded as low as $4.10 and last traded at $5.1450, with a volume of 178569 shares. The stock had previously closed at $4.3950.

Wall Street Analyst Weigh In

A number of analysts have issued reports on PMI shares. Zacks Research raised PMI to a “hold” rating in a report on Tuesday, May 19th. HC Wainwright reaffirmed 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 data from MarketBeat.com, PMI has a consensus rating of “Hold”.

Get Our Latest Stock Report on PMI

PMI Stock Up 20.5%

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 firm’s 50 day moving average is $0.25.

PMI (NYSEAMERICAN:PMIGet Free Report) last released its quarterly earnings results on Friday, May 15th. The company reported ($5.00) EPS for the quarter. The firm had revenue of $1.15 million for the quarter. On average, sell-side analysts forecast that PMI will post -0.17 EPS for the current fiscal year.

About PMI

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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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