PMGC Holdings Inc. (NASDAQ:ELAB – Get Free Report)’s share price shot up 5.7% during mid-day trading on Friday . The company traded as high as $1.56 and last traded at $1.12. 35,400,837 shares were traded during mid-day trading, an increase of 915% from the average session volume of 3,488,120 shares. The stock had previously closed at $1.06.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings restated a “sell (e+)” rating on shares of PMGC in a research note on Friday, June 26th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.
View Our Latest Report on PMGC
PMGC Stock Up 5.7%
PMGC (NASDAQ:ELAB – Get Free Report) last announced its quarterly earnings data on Thursday, May 14th. The company reported ($11.22) earnings per share for the quarter. The firm had revenue of $0.68 million during the quarter.
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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