Amesite (NASDAQ:AMST) Trading Down 2.6% – Time to Sell?

Amesite Inc. (NASDAQ:AMST) shares traded down 2.6% during mid-day trading on Tuesday . The company traded as low as $1.85 and last traded at $1.89. 77,355 shares changed hands during mid-day trading, a decline of 85% from the average session volume of 510,696 shares. The stock had previously closed at $1.94.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Amesite in a report on Monday. One analyst has rated the stock with a Sell rating, According to MarketBeat, Amesite currently has an average rating of “Sell”.

Amesite Stock Performance

The company has a market cap of $8.64 million, a PE ratio of -2.15 and a beta of 1.16. The business’s 50-day moving average is $2.66 and its 200 day moving average is $2.89.

Amesite (NASDAQ:AMST) last posted its quarterly earnings results on Friday, October 24th. The company reported ($0.14) earnings per share (EPS) for the quarter. Amesite had a negative net margin of 1,727.32% and a negative return on equity of 137.45%. The business had revenue of $0.09 million for the quarter.

Amesite Company Profile

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.