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Perimeter Medical Imaging AI ( (TSE:PINK) ) has issued an update.
Perimeter Medical Imaging AI has announced a collaboration with Jennifer Douglas, a breast cancer survivor and advocate, to enhance patient engagement initiatives. Douglas will join the company’s Industry Advisory Board, contributing her experience to support breast cancer patients and improve outcomes. This partnership is expected to strengthen Perimeter’s focus on patient support and expand its influence in the breast cancer community.
The most recent analyst rating on (TSE:PINK) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Perimeter Medical Imaging AI stock, see the TSE:PINK Stock Forecast page.
Spark’s Take on TSE:PINK Stock
According to Spark, TipRanks’ AI Analyst, TSE:PINK is a Neutral.
Perimeter Medical Imaging AI’s stock score is primarily influenced by its financial performance challenges, including profitability and cash flow issues. The earnings call provided some positive insights, such as revenue growth and cost improvements, but these are offset by significant hurdles like increased net loss and low cash reserves. Technical analysis shows mixed signals, and the valuation is unattractive due to a negative P/E ratio.
To see Spark’s full report on TSE:PINK stock, click here.
More about Perimeter Medical Imaging AI
Perimeter Medical Imaging AI, Inc. is a medical technology company based in Toronto, Canada and Dallas, Texas. The company is focused on transforming cancer surgery through ultra-high-resolution, real-time imaging tools. Its FDA-cleared Perimeter S-Series OCT system provides cross-sectional visualization of excised tissues at the cellular level, while the investigational Perimeter B-Series OCT with ImgAssist AI is currently in clinical trials.
Average Trading Volume: 72,003
Technical Sentiment Signal: Sell
Current Market Cap: C$27.87M
For a thorough assessment of PINK stock, go to TipRanks’ Stock Analysis page.