Closing Bell Recap: Picard Medical Inc (PMI) Ends at $3.28, Reflecting a -19.01% Downturn

Abby Carey

Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.

Picard Medical Inc (AMEX: PMI) closed the day trading at $3.28 down -19.01% from the previous closing price of $4.05. In other words, the price has decreased by -$19.01 from its previous closing price. On the day, 2.74 million shares were traded. PMI stock price reached its highest trading level at $3.7299 during the session, while it also had its lowest trading level at $3.0301.

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 241739856 and an Enterprise Value of 71633816. For the stock, the TTM Price-to-Sale (P/S) ratio is 54.08. Its current Enterprise Value per Revenue stands at 16.058 whereas that against EBITDA is -4.901.

Stock Price History:

Over the past 52 weeks, PMI has reached a high of $13.68, while it has fallen to a 52-week low of $3.24. The 50-Day Moving Average of the stock is -59.60%, while the 200-Day Moving Average is calculated to be -59.60%.

Shares Statistics:

Over the past 3-months, PMI traded about 3.14M shares per day on average, while over the past 10 days, PMI traded about 4848170 shares per day. A total of 73.70M shares are outstanding, with a floating share count of 26.14M. Shares short for PMI as of 1760486400 were 894183 with a Short Ratio of 0.29, compared to 1757894400 on 52124. Therefore, it implies a Short% of Shares Outstanding of 894183 and a Short% of Float of 1.3599999999999999.

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