Ascendiant Capital Markets Trims PAVmed (NASDAQ:PAVM) Target Price to $21.00

PAVmed (NASDAQ:PAVMFree Report) had its price target lowered by Ascendiant Capital Markets from $22.00 to $21.00 in a research report sent to investors on Tuesday, Marketbeat reports. Ascendiant Capital Markets currently has a buy rating on the stock.

Separately, Lake Street Capital upgraded shares of PAVmed to a strong-buy rating in a report on Wednesday, May 15th.

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PAVmed Price Performance

Shares of NASDAQ:PAVM opened at $1.72 on Tuesday. PAVmed has a 12 month low of $0.60 and a 12 month high of $6.27. The firm has a market capitalization of $16.22 million, a price-to-earnings ratio of -0.19 and a beta of 0.66. The business’s 50 day simple moving average is $0.93 and its 200-day simple moving average is $1.50.

PAVmed (NASDAQ:PAVMGet Free Report) last posted its earnings results on Tuesday, August 13th. The company reported ($0.84) earnings per share for the quarter. The business had revenue of $0.98 million during the quarter. On average, equities analysts anticipate that PAVmed will post -5.88 earnings per share for the current year.

PAVmed Company Profile

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PAVmed Inc focuses on acquiring, developing, and commercializing novel products that target unmet needs in the United States. The company's lead products include CarpX, a patented, single-use, disposable, and minimally invasive surgical device for use in the treatment of carpal tunnel syndrome; EsoCheck Esophageal Cell Collection Device, which consists of diagnostic test that serves as a testing tool for preventing esophageal adenocarcinoma deaths, through early detection of esophageal precancer in at-risk gastroesophageal reflux disease, including chronic heartburn and acid reflux or simply reflux in patients; and EsoGuard, a bisulfite-converted next-generation sequencing DNA assay performed on surface esophageal cells collected with EsoCheck.

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