Amesite (NASDAQ:AMST) Posts Earnings Results

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

Amesite Trading Down 2.8%

NASDAQ AMST traded down $0.03 during trading hours on Wednesday, hitting $1.04. 38,757 shares of the company’s stock were exchanged, compared to its average volume of 1,184,193. The firm has a market cap of $6.81 million, a price-to-earnings ratio of -1.65 and a beta of 1.00. The stock has a 50-day simple moving average of $1.03 and a 200 day simple moving average of $1.30. Amesite has a 1-year low of $0.77 and a 1-year high of $3.90.

Wall Street Analyst Weigh In

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

Amesite Company Profile

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.