PMI Shares Drop 5.1% on Thursday

The medical technology company's stock price fell amid lower trading volume.

Published on Feb. 7, 2026

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PMI (NYSEAMERICAN:PMI), a medical technology company that manufactures and sells the only total artificial heart, saw its stock price decline by 5.1% during trading on Thursday. The company's shares traded as low as $1.69 and closed at $1.69, with trading volume down 52% from the average session.

Why it matters

As a publicly traded company, PMI's stock price performance is closely watched by investors and analysts. A significant single-day drop of over 5% could signal potential concerns about the company's financial health or market position, which could impact future growth and profitability.

The details

PMI has a current ratio of 2.16, a quick ratio of 0.94, and a debt-to-equity ratio of 0.01, indicating a relatively strong financial position. The company is based in Tucson, Arizona and is the sole manufacturer of the total artificial heart medical device.

  • PMI's stock price traded down 5.1% during trading on Thursday, February 7, 2026.

The players

PMI

A medical technology company that manufactures and sells the only total artificial heart. PMI is based in Tucson, Arizona.

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The takeaway

While a single-day stock price drop of over 5% can be concerning, PMI's overall financial position appears relatively strong. Investors and analysts will likely continue to monitor the company's performance and market position to assess the long-term implications of this stock price decline.