AMST Stock Summary and Trading Ideas (Amesite | NASDAQ:AMST)

Amesite Inc is an artificial intelligence-driven platform and course designer that rapidly provides customized, high performance and scalable online products for schools and businesses. The company helps educational institutions and businesses improve learning as their technology partner, delivering a disruptive technology-driven by AI and offers a constellation of services that help partners implement new programs, and improve existing ones. Its customers are businesses, universities and colleges, and K-12 schools.

Amesite trades on the NASDAQ stock market under the symbol AMST.

As of May 14, 2024, AMST stock price climbed to $3.51 with 17,513 million shares trading.

AMST has a beta of 0.80, meaning it tends to be less sensitive to market movements. AMST has a correlation of 0.01 to the broad based SPY ETF.

AMST has a market cap of $8.92 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, AMST stock traded as high as $54.00 and as low as $1.56.

The top ETF exchange traded funds that AMST belongs to (by Net Assets): VXF.

AMST stock has underperformed the market in the last year with a return of +0.6%, while SPY returned +28.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in AMST shares. However, AMST has outperformed the market in the last 3 month and 2 week periods, returning +31.5% and +4.5%, while SPY returned +5.8% and +2.2%, respectively. This indicates AMST has been having a stronger performance recently.

AMST support price is $3.22 and resistance is $3.68 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AMST stock will trade within this expected range on the day.