PMGC (NASDAQ:ELAB) Shares Up 2.9% – What’s Next?

PMGC Holdings Inc. (NASDAQ:ELAB)’s share price traded up 2.9% on Thursday . The stock traded as high as $2.15 and last traded at $2.10. 117,705 shares changed hands during trading, a decline of 69% from the average session volume of 378,452 shares. The stock had previously closed at $2.04.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised PMGC from a “sell” rating to a “hold” rating in a report on Thursday, May 22nd.

PMGC Trading Up 2.9%

The company has a fifty day simple moving average of $2.39 and a 200-day simple moving average of $8.13. The company has a market capitalization of $2.90 million, a PE ratio of 0.00 and a beta of -0.37.

PMGC (NASDAQ:ELAB) last announced its quarterly earnings data on Wednesday, May 14th. The company reported ($2.90) earnings per share (EPS) for the quarter. PMGC had a negative net margin of 223.41% and a negative return on equity of 77.80%.

About PMGC

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.