Can Buying PMGC Holdings Inc (NASDAQ: ELAB) Still Be Worthwhile?

PMGC Holdings Inc (NASDAQ:ELAB) does about 1.34M shares in volume on a normal day but saw 76927387 shares change hands in the recent trading day. The company now has a market cap of 9.53M USD. Its current market price is $3.10, marking an increase of 56.57% compared to the previous close of $1.98. The 52 week high reached by this stock is $208.02 whilst the lowest price level in 52 weeks is $1.74.

PMGC Holdings Inc (ELAB) has a 20-day trading average at $2.29 and the current price is -98.51% off the 52-week high compared with 78.14% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.70 and its 200-day simple moving average is $62.03. If we look at the stock’s price movements over the week, volatility stands at 13.41%, which decreases to 11.84% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 57.07 to suggest the stock is neutral.

The current price level is 35.67%, 14.89%, and -95.00% away from its SMA20, SMA50, and SMA200 respectively, with the ELAB price moving below the 50-day SMA on current market day. PMGC Holdings Inc (ELAB) stock is up 44.19% over the week and 21.09% over the past month. Its price is 35.37% year-to-date and -98.24% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.

Outstanding shares total 3.07M with insiders holding 72.98% of the shares and institutional holders owning 18.20% of the company’s common stock. The company has a return on investment of -63.92% and return on equity of -130.35%. The beta has a value of -3.01. Price to book ratio is 0.09 and price to sales ratio is 3.89.