Home  »  Companies   »  Amesite Inc. (NASDAQ: AMST) Share Price Fall Recen...

Amesite Inc. (NASDAQ: AMST) Share Price Fall Recently, Although Trouble Is Still On The Horizon

Amesite Inc. (NASDAQ:AMST) traded at $0.25 at close of the session on Monday, 01/23/23, made a downward move of -12.35% on its previous day’s price.

Looking at the stock we see that its previous close was $0.29 and the beta (5Y monthly) reads 0.76 with the day’s price range being $0.13 – $0.2892. In terms of its 52-week price range, AMST has a high of $1.64 and a low of $0.17. The company’s stock has gained about 3.48% over that past 30 days.

Will You Miss Out On This Growth Stock Boom?

A new megatrend in the fintech market is well underway. Mobile payments are projected to boom into a massive $12 trillion market by 2028. According to Motley Fool this growth stock could "deliver huge returns." Not only in the immediate future but also over the next decade. Especially since the man behind this company is a serial entrepreneur who has been wildly successful over the years.

And this is just one of our 5 Best Growth Stocks To Own For 2023.


Amesite Inc. has a market cap of $8.68 million.

There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the AMST stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 50% Sell. Long term indicators on average place the stock in the category of 100% Sell.

Based on estimates by 1 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 0 have rated the Amesite Inc. (AMST) stock as a Hold, while 1 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.

Looking further, we note the current price level is 8.50% off its SMA20 and 1.91% from its 50-day simple moving average. The RSI (14) is pointing at 50.59 while the volatility over the past week is 53.74% and jumps to 24.02% over the past one month. The average price target for the stock over the next 12 months is $3.40, with the estimates having a low of $3.40 and a high of $3.40. These price ends are -1260.0% and -1260.0% off the current price level respectively, although investors could be excited at the prospect of a -1260.0% if the AMST share price touches on the median price of $3.40.

Coming back to Amesite Inc. (NASDAQ:AMST), we note that the average 3-month trading volume was 795.81K, while that of the preceding 10-day period stands at 3.32 million. Current shares outstanding are 27.42 million.

The insiders hold 31.42% of the company’s shares while institutions hold 4.50%. The data shows that short shares as of Oct 13, 2022, stood at 0.13 million at a short ratio of 0.93. This represents a 0.42% short interest in shares outstanding on Oct 13, 2022. Shares short fall in October from the previous month at 0.15 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 42.72% up in year-to-date price movement.

Leave a Comment

Your email address will not be published. Required fields are marked *

5 Lithium Stocks with High Future Potential

Demand for lithium is expected to increase 8-fold by 2030. The world's largest automakers are racing to go green as the global EV boom continues.


We have collated a list of top five lithium stocks which are well positioned to benefit from the 2023 lithium boom because of their focus on multiple high-potential lithium projects.

100% free. stop anytime no spam