Amesite (NASDAQ:AMST) Trading Up 16.3% – Time to Buy?

Amesite Inc. (NASDAQ:AMSTGet Free Report)’s stock price shot up 16.3% during trading on Friday . The company traded as high as $1.08 and last traded at $1.07. Approximately 71,242 shares were traded during trading, an increase of 8% from the average session volume of 66,094 shares. The stock had previously closed at $0.92.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings cut Amesite from a “sell (d-)” rating to a “sell (e+)” rating in a report on Tuesday, May 26th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, Amesite presently has a consensus rating of “Sell”.

Read Our Latest Report on Amesite

Amesite Trading Up 16.3%

The stock has a market cap of $7.01 million, a price-to-earnings ratio of -1.70 and a beta of 0.98. The company has a fifty day simple moving average of $1.08 and a 200-day simple moving average of $1.43.

Institutional Investors Weigh In On Amesite

An institutional investor recently bought a new position in Amesite stock. HRT Financial LP acquired a new position in Amesite Inc. (NASDAQ:AMSTFree Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 22,040 shares of the company’s stock, valued at approximately $41,000. HRT Financial LP owned 0.48% of Amesite as of its most recent filing with the SEC. 3.60% of the stock is currently owned by institutional investors and hedge funds.

Amesite Company Profile

(Get Free Report)

Amesite, Inc (NASDAQ: AMST) is a software company specializing in AI-driven digital learning and training solutions. Its cloud-based platform enables organizations to create, manage and deliver customized online courses and professional development programs. Leveraging machine learning and natural language processing, the platform offers real-time analytics, adaptive content recommendations, multimedia assessments and community collaboration tools to support both synchronous and asynchronous learning.

The company’s primary end markets include corporate enterprises, higher education institutions, government agencies and nonprofit organizations.

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