PMI (NYSEAMERICAN:PMI – Get Free Report) was the target of a large decrease in short interest in September. As of September 30th, there was short interest totaling 37,672 shares, a decrease of 83.8% from the September 15th total of 231,853 shares. Currently, 1.6% of the shares of the stock are short sold. Based on an average trading volume of 113,599 shares, the short-interest ratio is currently 0.3 days.
PMI Trading Down 2.1%
Shares of PMI stock traded down $0.20 on Friday, reaching $9.48. The company’s stock had a trading volume of 299,400 shares, compared to its average volume of 320,984. The stock’s fifty day simple moving average is $5.31 and its 200-day simple moving average is $17.30. PMI has a 1 year low of $2.65 and a 1 year high of $684.00.
PMI (NYSEAMERICAN:PMI – Get Free Report) last announced its quarterly earnings results on Wednesday, August 19th. The company reported ($3.05) EPS for the quarter. The business had revenue of $2.95 million during the quarter. PMI had a negative net margin of 444.83% and a negative return on equity of 825.18%. Sell-side analysts anticipate that PMI will post -8.50 earnings per share for the current fiscal 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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