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23andMe (NASDAQ:ME) Posts Earnings Results

23andMe logo with Medical background

23andMe (NASDAQ:ME - Get Free Report) issued its earnings results on Tuesday. The company reported ($1.02) EPS for the quarter, Zacks reports. 23andMe had a negative net margin of 183.39% and a negative return on equity of 145.99%.

23andMe Stock Down 9.2 %

NASDAQ ME traded down $0.32 during trading hours on Friday, hitting $3.10. 226,167 shares of the company were exchanged, compared to its average volume of 185,968. 23andMe has a 52-week low of $2.65 and a 52-week high of $16.52. The firm has a market cap of $80.84 million, a price-to-earnings ratio of -0.20 and a beta of 1.14. The company has a 50 day moving average of $3.47 and a two-hundred day moving average of $5.34.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a "sell (e+)" rating on shares of 23andMe in a report on Saturday, January 18th.

Check Out Our Latest Stock Report on ME

23andMe Company Profile

(Get Free Report)

23andMe Holding Co operates as a consumer genetics testing company. The company operates in two segments, Consumer & Research Services and Therapeutics. The Consumer & Research Services segment provides a suite of genetic reports, including information on customers' genetic ancestral origins, personal genetic health risks, and chances of passing on certain rare carrier conditions to their children, as well as reports on how genetics can impact responses to medications.

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Earnings History for 23andMe (NASDAQ:ME)

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