HC Wainwright Begins Coverage on PMI (NYSEAMERICAN:PMI)

Equities researchers at HC Wainwright initiated coverage on shares of PMI (NYSEAMERICAN:PMIGet Free Report) in a note issued to investors on Monday,Benzinga reports. The brokerage set a “neutral” rating on the stock.

PMI Price Performance

Shares of PMI opened at $0.16 on Monday. The company has a 50-day moving average of $0.84. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.72 and a current ratio of 1.11. PMI has a fifty-two week low of $0.16 and a fifty-two week high of $13.68.

PMI (NYSEAMERICAN:PMIGet Free Report) last released its quarterly earnings results on Friday, May 15th. The company reported ($0.10) earnings per share (EPS) for the quarter. The company had revenue of $1.15 million during the quarter.

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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