SeaStar Medical (NASDAQ:ICU) Shares Down 5.7% – Time to Sell?

SeaStar Medical Holding Co. (NASDAQ:ICUGet Free Report) shares dropped 5.7% on Wednesday . The stock traded as low as $1.60 and last traded at $1.65. Approximately 241,099 shares changed hands during mid-day trading, an increase of 10% from the average daily volume of 219,669 shares. The stock had previously closed at $1.75.

SeaStar Medical Stock Performance

The firm has a 50 day simple moving average of $2.05 and a 200 day simple moving average of $4.21. The firm has a market cap of $7.00 million, a P/E ratio of -0.13 and a beta of -1.05.

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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