Aemetis Inc (NASDAQ: AMTX) Could Be A Good Bet If You’re A Risk-Capital Investor

In the last trading session, 1.25 million shares of the Aemetis Inc (NASDAQ:AMTX) were traded, and its beta was 1.19. Most recently the company’s share price was $3.90, and it changed around $0.28 or 7.59% from the last close, which brings the market valuation of the company to $166.18M. AMTX currently trades at a discount to its 52-week high of $8.99, offering almost -130.51% off that amount. The share price’s 52-week low was $1.16, which indicates that the current value has risen by an impressive 70.26% since then. We note from Aemetis Inc’s average daily trading volume that its 3-month average coming to 1.27 million.

Aemetis Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.33. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended AMTX as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Aemetis Inc is expected to report earnings per share of -$0.45 for the current quarter.

Aemetis Inc (NASDAQ:AMTX) trade information

Instantly AMTX has showed a green trend with a performance of 7.59% at the end of last trading. The performance over the last five days has remained in the green territory. The company’s shares are currently down -25.57% year-to-date, but still up 0.39% over the last five days. On the other hand, Aemetis Inc (NASDAQ:AMTX) is -29.98% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $4.63, which translates to bulls needing to increase their stock price by 15.77% from its current value. Analyst projections state that AMTX is forecast to be at a low of $4.25 and a high of $5.

Aemetis Inc (AMTX) estimates and forecasts

Aemetis Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -16.13 percent over the past six months and at a -31.15% annual growth rate that is well above the industry average of -34.30%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 38.40% in revenue this quarter, and will report an increase of 44.10% in the next quarter. The year-over-year growth rate is expected to be 99.30%, up from the previous year.

Consensus estimates provided by 5 financial analysts predict the company will bring in an average of $76.41 million in revenue for the current quarter. 5 analysts expect Aemetis Inc to make $86.93 million in revenue for the quarter ending Jun 2024. The company’s sales for the same quarters a year ago were $59.53 million and $45.11 million respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 28.40%. Forecasts for the next quarter put sales growth at 92.70%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 5.64%.