PMI’s (NYSEAMERICAN:PMI) Lock-Up Period Will Expire on February 25th

PMI’s (NYSEAMERICAN:PMIGet Free Report) lock-up period is set to expire on Wednesday, February 25th. PMI had issued 4,250,000 shares in its initial public offering on August 29th. The total size of the offering was $17,000,000 based on an initial share price of $4.00. After the end of PMI’s lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

PMI Stock Performance

PMI stock opened at $1.26 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.94 and a current ratio of 2.16. PMI has a 12-month low of $1.20 and a 12-month high of $13.68.

PMI News Summary

Here are the key news stories impacting PMI this week:

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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