PMGC Holdings Inc announces reverse split amid oversold conditions
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 15 Jan 26
Source: Newsfilter
PMGC Holdings Inc's stock surged by 27.95% as it crossed above the 5-day SMA, indicating a potential recovery from recent lows.
The company announced a 1-for-4 reverse split and invested in non-controlling shares of Nuclea Energy, which may help stabilize its stock after a significant decline of 73% over the past month. Despite this, the stock remains at a 52-week low of $3.54, with an RSI of 16.2, suggesting it is still undervalued and could present a buying opportunity for investors.
This move could signal a turnaround for PMGC Holdings, as the reverse split may attract new investors looking for undervalued stocks in the consumer staples sector.
Analyst Views on ELAB
About ELAB
PMGC Holdings Inc. is a management, advisory, and investment company specializing in United States (U.S.)-based opportunities across financial services, manufacturing, and healthcare. Its segments include corporate, treasury and biosciences, IT packaging solutions and precision engineering and machining. The Company's portfolio consists of various subsidiaries: Northstrive BioSciences Inc., PMGC Research Inc., PMGC Capital LLC, Pacific Sun Packaging Inc. and AGA Precision Systems LLC. Northstrive Biosciences Inc. is a biopharmaceutical company focusing on the development and acquisition of aesthetic medicines. Its lead asset, EL-22, is leveraging a first-in-class engineered probiotic approach to address obesity’s pressing issue of preserving muscle while on weight loss treatments, including GLP-1 receptor agonists. PMGC Research Inc. is focused on advancing the frontiers of scientific discovery. AGA Precision Systems LLC specializes in CNC machining operations.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
