Aemetis Inc (NASDAQ: AMTX) -50.08% Away From High, Is Set For A Comeback?

Aemetis Inc (NASDAQ:AMTX)’s traded shares stood at 1.07 million during the last session, with the company’s beta value hitting 1.01. At the close of trading, the stock’s price was $5.99, to imply a decrease of -0.50% or -$0.03 in intraday trading. The AMTX share’s 52-week high remains $8.99, putting it -50.08% down since that peak but still an impressive 80.63% since price per share fell to its 52-week low of $1.16.

Aemetis Inc (NASDAQ:AMTX) trade information

After registering a -0.50% downside in the last session, Aemetis Inc (AMTX) has traded red over the past five days. The stock hit a weekly high of 7.03, dropping -0.50% in its intraday price action. The 5-day price performance for the stock is 17.45%, and 71.14% over 30 days. With these gigs, the year-to-date price performance is 14.31%.

Aemetis Inc (AMTX) estimates and forecasts

Looking at statistics comparing Aemetis Inc share performance against respective industry, we note that the company has outperformed competitors. Aemetis Inc (AMTX) shares are 42.96% up over the last 6 months, with its year-to-date growth rate higher than industry average at -18.03% against -24.00%. Revenue is forecast to grow 32.90% this quarter before jumping 41.20% for the next one. The rating firms project that company’s revenue will grow 103.60% compared to the previous financial year.

Revenue forecast for the current quarter as set by 4 analysts is $77.79 million. Meanwhile, for the quarter ending Jun 2024, a total of 4 analyst(s) estimate revenue growth to $89.29 million.Earnings reports from the last fiscal year show that sales brought in $59.53 million and $45.11 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 30.70% before jumping 97.90% in the following quarter.

AMTX Dividends

Aemetis Inc has its next earnings report out between May 02 and May 06. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Aemetis Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.

Aemetis Inc (NASDAQ:AMTX)’s Major holders

Aemetis Inc insiders hold 10.94% of total outstanding shares, with institutional holders owning 27.06% of the shares at 30.39% float percentage. In total, 27.06% institutions holds shares in the company, led by Grantham, Mayo, Van Otterloo & Co. LLC. As of Jun 29, 2023, the company held over 2.1 million shares (or 5.41% of shares), all amounting to roughly $15.4 million.

The next major institution holding the largest number of shares is Encompass Capital Advisors, LLC with 1.81 million shares, or about 4.65% of shares outstanding. As of the market price on Jun 29, 2023, these shares were worth $13.25 million.

We also have Vanguard Total Stock Market Index Fund and GMO Resources Fund as the top two Mutual Funds with the largest holdings of the Aemetis Inc (AMTX) shares. Going by data provided on Jun 29, 2023, Vanguard Total Stock Market Index Fund holds roughly 1.11 million shares. This is just over 2.86% of the total shares, with a market valuation of $8.15 million. Data from the same date shows that the other fund manager holds a little less at 0.77 million, or 1.97% of the shares, all valued at about 3.65 million.