Amesite (NASDAQ:AMST) Issues Quarterly Earnings Results

Amesite (NASDAQ:AMST) released its quarterly earnings results on Friday. The company reported ($0.12) earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of $0.07 million during the quarter. Amesite had a negative net margin of 850.55% and a negative return on equity of 162.26%.

Amesite Price Performance

Amesite stock traded down $0.00 during mid-day trading on Friday, reaching $0.47. 21,618 shares of the company were exchanged, compared to its average volume of 997,934. The company has a fifty day simple moving average of $0.83 and a 200-day simple moving average of $1.27. Amesite has a 12 month low of $0.46 and a 12 month high of $2.75. The firm has a market cap of $3.11 million, a PE ratio of -0.75 and a beta of 1.12.

Analyst Ratings Changes

Separately, Weiss Ratings restated 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. Based on data from MarketBeat, the company has a consensus rating of “Sell”.

Amesite Company Profile

Amesite Inc. (NASDAQ:AMST) is an education technology company that develops artificial intelligence-powered learning and workforce training solutions. Its technology is designed to help organizations create, deliver and manage online educational content through cloud-based platforms. The company’s offerings have included learning management and course-delivery tools for higher education institutions, businesses, government organizations and professional training providers. Amesite has also developed AI-based applications intended to support specialized learning and workforce needs, including tools for content creation, learner engagement and skills development.