PAVmed Inc. (PAVM) to Release Earnings on Thursday

PAVmed Inc. (NASDAQ:PAVM) will be releasing its earnings data after the market closes on Thursday, November 16th. Analysts expect PAVmed to post earnings of ($0.16) per share for the quarter.

PAVmed (NASDAQ:PAVM) last announced its quarterly earnings data on Monday, August 14th. The company reported ($0.13) earnings per share for the quarter, beating the consensus estimate of ($0.14) by $0.01. On average, analysts expect PAVmed to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

PAVmed Inc. (PAVM) opened at $4.00 on Friday. PAVmed Inc. has a twelve month low of $2.54 and a twelve month high of $12.10.

Several brokerages have weighed in on PAVM. ValuEngine lowered PAVmed from a “sell” rating to a “strong sell” rating in a report on Friday, July 28th. Dawson James reaffirmed a “buy” rating and issued a $10.10 price target on shares of PAVmed in a report on Tuesday, September 5th.

In related news, CFO Dennis M. Mcgrath purchased 6,000 shares of the business’s stock in a transaction dated Tuesday, August 22nd. The stock was purchased at an average cost of $4.21 per share, with a total value of $25,260.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders bought 15,835 shares of company stock valued at $63,816 over the last ninety days. Corporate insiders own 79.30% of the company’s stock.

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About PAVmed

PAVmed Inc operates as a medical device company in the United States. Its product pipeline includes PortIO, a long-term implantable vascular access device; CarpX, a percutaneous device to treat carpal tunnel syndrome; NextCath, a self-anchoring catheter; DisappEAR: Antibiotic-eluting resorbable ear tube; NextFlo, a disposable infusion pump; and Caldus, a disposable tissue ablation device.

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