Investor’s Delight: Picard Medical Inc (PMI) Closes Strong at 7.0, Up 8.02

Abby Carey

In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.

The closing price of Picard Medical Inc (AMEX: PMI) was $7.0 for the day, up 8.02% from the previous closing price of $6.48. In other words, the price has increased by $8.02 from its previous closing price. On the day, 4.48 million shares were traded. PMI stock price reached its highest trading level at $7.1891 during the session, while it also had its lowest trading level at $6.38.

Ratios:

Our analysis of PMI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.04 and its Current Ratio is at 0.24.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PMI now has a Market Capitalization of 506268672 and an Enterprise Value of 100465056. For the stock, the TTM Price-to-Sale (P/S) ratio is 167.08. Its current Enterprise Value per Revenue stands at 33.146 whereas that against EBITDA is -6.716.

Stock Price History:

Over the past 52 weeks, PMI has reached a high of $7.12, while it has fallen to a 52-week low of $4.19. The 50-Day Moving Average of the stock is 18.42%, while the 200-Day Moving Average is calculated to be 18.42%.

Shares Statistics:

PMI traded an average of 3.19M shares per day over the past three months and 3334988 shares per day over the past ten days. A total of 72.32M shares are outstanding, with a floating share count of 29.01M.

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