PMI (NYSEAMERICAN:PMI – Get Free Report) was the recipient of a large drop in short interest in July. As of July 31st, there was short interest totaling 3,727,759 shares, a drop of 75.8% from the July 15th total of 15,397,813 shares. Approximately 181.8% of the shares of the stock are short sold. Based on an average daily volume of 6,900,393 shares, the days-to-cover ratio is currently 0.5 days.
PMI Stock Performance
Shares of NYSEAMERICAN PMI traded up $0.10 during midday trading on Thursday, reaching $3.51. The company’s stock had a trading volume of 33,106 shares, compared to its average volume of 345,198. PMI has a one year low of $3.08 and a one year high of $684.00. The company has a 50 day moving average price of $11.92 and a 200 day moving average price of $36.66. The company has a quick ratio of 0.16, a current ratio of 0.75 and a debt-to-equity ratio of 0.01.
PMI (NYSEAMERICAN:PMI – Get Free Report) last issued its earnings results on Friday, May 15th. The company reported ($5.00) earnings per share for the quarter. The company had revenue of $1.15 million for the quarter. Equities research analysts expect that PMI will post -8.5 EPS for the current fiscal year.
Analysts Set New Price Targets
Read Our Latest Research Report on PMI
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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