PMGC Holdings Inc. (NASDAQ:ELAB – Free Report) shares are going to reverse split on Tuesday, March 10th. The 1-6 reverse split was announced on Wednesday, March 4th. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, March 9th.
PMGC Stock Performance
PMGC stock opened at $0.71 on Friday. PMGC has a fifty-two week low of $0.68 and a fifty-two week high of $114.38. The stock has a market cap of $2.29 million, a P/E ratio of -0.01 and a beta of 1.12. The firm’s fifty day moving average price is $3.06 and its 200-day moving average price is $14.84.
Analyst Ratings Changes
Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of PMGC in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.
PMGC Company Profile
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.
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