SeaStar Medical (NASDAQ:ICU) Stock Price Down 1.6% – Here’s Why

SeaStar Medical Holding Co. (NASDAQ:ICUGet Free Report)’s share price dropped 1.6% during trading on Friday . The company traded as low as $2.44 and last traded at $2.50. Approximately 113,067 shares traded hands during trading, a decline of 45% from the average daily volume of 207,333 shares. The stock had previously closed at $2.54.

SeaStar Medical Trading Down 1.6 %

The firm has a 50-day moving average of $3.39 and a two-hundred day moving average of $5.85. The firm has a market capitalization of $11.16 million, a P/E ratio of -0.21 and a beta of -1.08.

SeaStar Medical Company Profile

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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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