PMGC Holdings Inc (NASDAQ:ELAB) price on Thursday, March 20, rose 13.48% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $6.40.
A look at the stock’s price movement, the close in the last trading session was $5.64, moving within a range at $5.81 and $8.1688. Turning to its 52-week performance, $1078.00 and $3.88 were the 52-week high and 52-week low respectively. Overall, ELAB moved -46.22% over the past month.
PMGC Holdings Inc’s market cap currently stands at around $3.70 million, with investors looking forward to this quarter’s earnings report slated for in April.
Turning to the stock’s technical picture we see that short term indicators suggest on average that ELAB is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
ELAB’s current price about -5.49% and -41.02% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 41.40, while 7-day volatility ratio is 21.07% and 16.53% in the 30-day chart. Further, PMGC Holdings Inc (ELAB) has a beta value of -1.92, and an average true range (ATR) of 1.29.
If we refocus on PMGC Holdings Inc (NASDAQ:ELAB), historical trading data shows that trading volumes averaged 0.24 over the past 10 days and 267.31K over the past 3 months. The company’s latest data on shares outstanding shows there are 0.58 million shares.
The 0.92% of PMGC Holdings Inc’s shares are in the hands of company insiders while institutional holders own 1.06% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 19427.0 on 2025-02-28, giving us a short ratio of 0.26. The data shows that as of 2025-02-28 short interest in PMGC Holdings Inc (ELAB) stood at 339.0 of shares outstanding, with shares short falling to 47852.0 registered in 2025-01-31. Current price change has pushed the stock -60.07% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the ELAB stock continues to rise going into the next quarter.
