PMGC (NASDAQ:ELAB) Releases Quarterly Earnings Results

PMGC (NASDAQ:ELABGet Free Report) announced its earnings results on Friday. The company reported ($0.61) EPS for the quarter, FiscalAI reports. The company had revenue of $1.31 million for the quarter.

PMGC Price Performance

Shares of NASDAQ ELAB traded up $0.02 during mid-day trading on Friday, hitting $0.91. 575,009 shares of the stock traded hands, compared to its average volume of 4,224,617. The firm has a 50 day simple moving average of $1.15 and a two-hundred day simple moving average of $4.06. PMGC has a twelve month low of $0.84 and a twelve month high of $309.12. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.45 and a quick ratio of 1.43. The company has a market cap of $1.06 million, a PE ratio of -0.01 and a beta of -0.25.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of PMGC in a research note on Friday, June 26th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Get Our Latest Analysis on ELAB

About PMGC

(Get Free Report)

Elevai Labs, Inc, a skincare development company, designs, manufactures, and markets skincare products. Its products include Empower and Enfinity post-skincare procedure care serums for the face, neck, and upper chest regions. The company was formerly known as Reactive Medical Labs Inc and changed its name to Elevai Labs, Inc in December 2021. Elevai Labs, Inc was incorporated in 2020 and is based in Newport Beach, California.

See Also

Earnings History for PMGC (NASDAQ:ELAB)

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