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GLAXF - 23andMe: Holiday Miracles Not Enough Growth Path Too Expensive
June, 15 2022 07:41 AM
GlaxoSmithKline Plc
23andMe is a consumer-facing genetics testing company, one of the largest in terms of genetic databases. However, there are some glaring financial risks to consider if you want to invest in the company: slow test kit growth and profitability. New attempts to move towards drug development and primary care telehealth may drive revenues, it will continue to be unprofitable. For these reasons, I would recommend avoiding the company. For further details see:
23andMe: Holiday Miracles Not Enough, Growth Path Too Expensive
Stock Information
Company Name:
GlaxoSmithKline Plc
Stock Symbol:
GLAXF
Market:
OTC
Website:
gsk.com
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