PMI (NYSEAMERICAN:PMI – Get Free Report)’s share price passed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $7.25 and traded as high as $8.01. PMI shares last traded at $7.85, with a volume of 57,877 shares changing hands.
PMI Price Performance
The stock’s 50-day moving average is $7.25 and its 200 day moving average is $28.13.
PMI (NYSEAMERICAN:PMI – Get Free Report) last announced its quarterly earnings results on Wednesday, August 19th. The company reported ($3.05) earnings per share for the quarter. PMI had a negative net margin of 444.83% and a negative return on equity of 825.18%. The company had revenue of $2.95 million during the quarter. As a group, research analysts predict that PMI will post -8.50 earnings per share for the current fiscal year.
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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