Amesite (NASDAQ:AMST) Posts Earnings Results

Amesite (NASDAQ:AMST) issued its earnings results on Wednesday. The company reported ($0.18) EPS for the quarter, Zacks reports. Amesite had a negative net margin of 873.02% and a negative return on equity of 154.31%.

Amesite Stock Down 2.8%

NASDAQ AMST traded down $0.03 on Wednesday, reaching $1.04. The company had a trading volume of 38,757 shares, compared to its average volume of 1,184,193. The company’s fifty day moving average is $1.03 and its 200 day moving average is $1.30. Amesite has a 52-week low of $0.77 and a 52-week high of $3.90. The stock has a market capitalization of $6.81 million, a P/E ratio of -1.65 and a beta of 1.00.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Amesite in a research note on Friday, August 21st. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Amesite has a consensus rating of “Sell”.

About Amesite

Amesite Inc (NASDAQ:AMST) is a technology company that develops artificial intelligence-powered learning and workforce training solutions. Its platform is designed to help organizations create, deliver and manage online educational programs, including courses that can be customized for specific institutions, employers and learner populations.

The company’s offerings support digital learning, professional development and skills training through tools for course delivery, learner engagement and program administration.