In the past week, ME stock has gone down by -54.13%, with a monthly decline of -62.09% and a quarterly plunge of -70.78%. The volatility ratio for the week is 8.15%, and the volatility levels for the last 30 days are 10.43% for 23andMe Holding Co The simple moving average for the past 20 days is -47.55% for ME’s stock, with a -82.38% simple moving average for the past 200 days.
Is It Worth Investing in 23andMe Holding Co (NASDAQ: ME) Right Now?
Company’s 36-month beta value is 1.22.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for ME is 15.04M, and currently, short sellers hold a 11.28% ratio of that floaft. The average trading volume of ME on March 24, 2025 was 285.68K shares.
ME) stock’s latest price update
23andMe Holding Co (NASDAQ: ME)’s stock price has dropped by -48.75 in relation to previous closing price of 1.79. Nevertheless, the company has seen a loss of -54.13% in its stock price over the last five trading days. businessinsider.com reported 2025-03-24 that 23andMe filed for Chapter 11 bankruptcy protection and CEO Anne Wojcicki resigned. 23andMe faced major hurdles in recent months including a $30 million data breach settlement.
Analysts’ Opinion of ME
Many brokerage firms have already submitted their reports for ME stocks, with Berenberg repeating the rating for ME by listing it as a “Buy.” The predicted price for ME in the upcoming period, according to Berenberg is $7 based on the research report published on November 29, 2022 of the previous year 2022.
Cowen, on the other hand, stated in their research note that they expect to see ME reach a price target of $6. The rating they have provided for ME stocks is “Outperform” according to the report published on September 22nd, 2022.
Citigroup gave a rating of “Neutral” to ME, setting the target price at $13 in the report published on November 15th of the previous year.
ME Trading at -63.65% from the 50-Day Moving Average
After a stumble in the market that brought ME to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -92.81% of loss for the given period.
Volatility was left at 10.43%, however, over the last 30 days, the volatility rate increased by 8.15%, as shares sank -60.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -77.44% lower at present.
During the last 5 trading sessions, ME fell by -54.32%, which changed the moving average for the period of 200-days by -89.85% in comparison to the 20-day moving average, which settled at $1.7489. In addition, 23andMe Holding Co saw -71.77% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ME starting from Sequoia Grove UK LP, who proposed sale 3,615 shares at the price of $3.82 back on Nov 15 ’24. After this action, Sequoia Grove UK LP now owns shares of 23andMe Holding Co, valued at $13,809 using the latest closing price.
Sequoia Grove II LLC, the Affiliate of 23andMe Holding Co, proposed sale 321,219 shares at $3.82 during a trade that took place back on Nov 15 ’24, which means that Sequoia Grove II LLC is holding shares at $1,227,057 based on the most recent closing price.
Stock Fundamentals for ME
Current profitability levels for the company are sitting at:
- -1.09 for the present operating margin
- 0.5 for the gross margin
The net margin for 23andMe Holding Co stands at -1.83. The total capital return value is set at -1.84. Equity return is now at value -168.95, with -83.92 for asset returns.
Based on 23andMe Holding Co (ME), the company’s capital structure generated 0.46 points at debt to capital in total, while cash flow to debt ratio is standing at -2.41.
Currently, EBITDA for the company is -291.87 million with net debt to EBITDA at 0.06. When we switch over and look at the enterprise to sales, we see a ratio of 0.02. The receivables turnover for the company is 6.16for trailing twelve months and the total asset turnover is 0.75. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.99.
Conclusion
In a nutshell, 23andMe Holding Co (ME) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
