PMI (NYSEAMERICAN:PMI) Trading Down 5.1% – What’s Next?

PMI (NYSEAMERICAN:PMI)’s share price was down 5.1% during trading on Thursday . The stock traded as low as $1.69 and last traded at $1.69. Approximately 80,303 shares changed hands during trading, a decline of 52% from the average daily volume of 165,834 shares. The stock had previously closed at $1.78.

PMI News Roundup

Here are the key news stories impacting PMI this week:

• Neutral Sentiment: Broader “PMI” economic headlines (ISM/Canada/Australia PMI data) appeared in the feed but are unrelated to Picard Medical’s business and are unlikely to drive the company’s stock moves. Canada’s Economy Is ‘On Life Support’
• Negative Sentiment: Bronstein, Gewirtz & Grossman announced a class action filed against Picard Medical covering purchases between Sept. 2 and Oct. 31, 2025, alleging federal securities violations and seeking damages on behalf of the class. Bronstein Class Action
• Negative Sentiment: Portnoy Law Firm issued a class‑action notice for investors who bought shares between Sept. 5 and Oct. 31, 2025 and is soliciting lead‑plaintiff motions (deadline noted). Portnoy Law Firm Notice
• Negative Sentiment: Multiple plaintiff firms (DJS Law Group, Schall Law Firm, Robbins LLP, Bragar Eagel & Squire, Faruqi & Faruqi, Frank R. Cruz’s office) announced investigations or reminded investors of the class action and lead‑plaintiff deadlines — increasing the likelihood of consolidated litigation and competing lead‑plaintiff motions. DJS Law Group Notice Schall Law Firm DJS Duplicate
• Negative Sentiment: Some notices reference a specific October 23, 2025 aftermarket event as the catalyst for investor losses; that timing focuses claims on the company’s disclosures around that date and narrows the alleged class period. Frank R. Cruz Investigation

PMI Stock Down 5.1%

The company has a debt-to-equity ratio of 0.01, a current ratio of 2.16 and a quick ratio of 0.94.

About PMI

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.