Amesite (NASDAQ:AMST – Get Free Report) released its earnings results on Monday. The company reported ($0.15) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.96) by $0.81, FiscalAI reports. The business had revenue of $0.08 million during the quarter, compared to the consensus estimate of $0.25 million. Amesite had a negative net margin of 1,024.91% and a negative return on equity of 118.33%.
Amesite Trading Down 4.6%
NASDAQ AMST traded down $0.04 during trading hours on Monday, hitting $0.79. The company’s stock had a trading volume of 166,502 shares, compared to its average volume of 205,466. Amesite has a 52 week low of $0.77 and a 52 week high of $4.78. The company has a market capitalization of $3.59 million, a PE ratio of -1.23 and a beta of 0.86. The company’s 50-day simple moving average is $1.53 and its two-hundred day simple moving average is $2.00.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings upgraded Amesite from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, May 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Amesite currently has a consensus rating of “Sell”.
Hedge Funds Weigh In On Amesite
A hedge fund recently bought a new stake in Amesite stock. Virtu Financial LLC bought a new position in shares of Amesite Inc. (NASDAQ:AMST – Free Report) during the fourth quarter, according to its most recent filing with the SEC. The fund bought 14,708 shares of the company’s stock, valued at approximately $28,000. Virtu Financial LLC owned 0.32% of Amesite at the end of the most recent reporting period. Institutional investors own 3.60% of the company’s stock.
About Amesite
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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