SeaStar Medical (NASDAQ:ICU) Shares Down 3% – Time to Sell?

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

SeaStar Medical Stock Performance

The stock has a 50-day moving average price of $4.26 and a two-hundred day moving average price of $6.84. The stock has a market capitalization of $11.34 million, a PE ratio of -0.13 and a beta of -1.08.

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

About SeaStar Medical

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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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