SeaStar Medical (NASDAQ:ICU) Trading Down 3% – Here’s What Happened

SeaStar Medical Holding Co. (NASDAQ:ICUGet Free Report)’s share price was down 3% during trading on Wednesday . The company traded as low as $2.40 and last traded at $2.60. Approximately 1,322,532 shares traded hands during trading, an increase of 1,501% from the average daily volume of 82,610 shares. The stock had previously closed at $2.68.

SeaStar Medical Price Performance

The company has a market cap of $11.34 million, a PE ratio of -0.13 and a beta of -1.08. The business has a 50-day moving average of $4.26 and a 200 day moving average of $6.84.

SeaStar Medical (NASDAQ:ICUGet Free Report) last released its quarterly earnings results on Tuesday, August 13th. The company reported ($1.03) EPS for the quarter, beating the consensus estimate of ($1.41) by $0.38.

About SeaStar Medical

(Get Free Report)

SeaStar Medical Holding Corporation, a medical device company, develops a platform therapy to reduce the consequences of hyperinflammation on vital organs in the United States. The company offers inflammatory response to fend off infections and repair damaged tissue in the body. It is also developing products in various therapeutic areas, including pediatric and adult acute kidney injury on CRRT; cardiorenal syndrome in congestive heart failure; myocardial stunning in end stage renal disease; and hepatorenal syndrome.

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