Amesite’s (AMST) “Sell (D-)” Rating Reiterated at Weiss Ratings

Weiss Ratings reaffirmed their sell (d-) rating on shares of Amesite (NASDAQ:AMST) in a report issued on Friday,Weiss Ratings reports.

Amesite Price Performance

Shares of NASDAQ:AMST opened at $3.51 on Friday. The stock has a market cap of $16.04 million, a P/E ratio of -3.99 and a beta of 1.08. The firm has a fifty day moving average price of $3.10 and a 200 day moving average price of $2.86. Amesite has a 1-year low of $2.00 and a 1-year high of $6.27.

Amesite (NASDAQ:AMST) last issued its quarterly earnings results on Friday, October 24th. The company reported ($0.14) earnings per share for the quarter. The business had revenue of $0.09 million for the quarter. Amesite had a negative return on equity of 132.55% and a negative net margin of 1,727.32%.

Institutional Trading of Amesite

An institutional investor recently raised its position in Amesite stock. Kovitz Investment Group Partners LLC raised its position in Amesite Inc. (NASDAQ:AMST) by 275.2% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 136,334 shares of the company’s stock after acquiring an additional 100,000 shares during the period. Kovitz Investment Group Partners LLC owned approximately 4.88% of Amesite worth $330,000 at the end of the most recent reporting period. Institutional investors own 3.60% of the company’s stock.

Amesite Company Profile

Amesite Inc, an artificial intelligence driven platform and course designer, that provides online products in the United States. The company uses machine learning to offer a mass customized experience to learners. It serves businesses, universities and colleges, K-12 schools, museums, and non-profit organizations.