PMI (NYSEAMERICAN:PMI) Shares Down 1.8% – Here’s What Happened

Shares of PMI (NYSEAMERICAN:PMI) fell 1.8% during mid-day trading on Wednesday . The company traded as low as $0.9356 and last traded at $0.9470. 168,558 shares traded hands during mid-day trading, an increase of 52% from the average session volume of 111,036 shares. The stock had previously closed at $0.9645.

PMI Price Performance

The company has a debt-to-equity ratio of 0.01, a current ratio of 1.11 and a quick ratio of 0.72. The company’s 50-day moving average is $1.19.

PMI (NYSEAMERICAN:PMI) last posted its quarterly earnings results on Friday, March 27th. The company reported $0.21 earnings per share (EPS) for the quarter. The company had revenue of $1.01 million during the quarter.

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.