LanzaTech Global Inc (NASDAQ:LNZA)’s traded shares stood at 0.48 million during the last session, with the company’s beta value hitting 1.55. At the close of trading, the stock’s price was $2.04, to imply an increase of 4.08% or $0.08 in intraday trading. The LNZA share’s 52-week high remains $5.73, putting it -180.88% down since that peak but still an impressive 43.14% since price per share fell to its 52-week low of $1.16. The company has a valuation of $403.47M, with an average of 0.48 million shares in intraday trading volume over the past 10 days and average of 410.47K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for LanzaTech Global Inc (LNZA), translating to a mean rating of 1.50. Of 3 analyst(s) looking at the stock, 0 analyst(s) give LNZA a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.12.
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LanzaTech Global Inc (NASDAQ:LNZA) trade information
After registering a 4.08% upside in the last session, LanzaTech Global Inc (LNZA) has traded red over the past five days. The 5-day price performance for the stock is 17.24%, and 36.91% over 30 days. With these gigs, the year-to-date price performance is -59.44%. Short interest in LanzaTech Global Inc (NASDAQ:LNZA) saw shorts transact 7.2 million shares and set a 22.04 days time to cover.
The extremes give us $5 and $6 for target low and target high price respectively. As such, LNZA has been trading -194.12% off suggested target high and -145.1% from its likely low.
LanzaTech Global Inc (LNZA) estimates and forecasts
Looking at statistics comparing LanzaTech Global Inc share performance against respective industry, we note that the company has outperformed competitors. LanzaTech Global Inc (LNZA) shares are -34.19% down over the last 6 months, with its year-to-date growth rate higher than industry average at 41.77% against 18.10%. Revenue is forecast to grow 7.70% this quarter before jumping 10.00% for the next one. The rating firms project that company’s revenue will grow 38.90% compared to the previous financial year.
Revenue forecast for the current quarter as set by 4 analysts is 17.94M. Meanwhile, for the current quarter, a total of 4 analyst(s) estimate revenue growth to 41.35M.Earnings reports from the last fiscal year show that sales brought in 21.5M and 20.46M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -16.60% before jumping 102.10% in the following quarter.
LNZA Dividends
LanzaTech Global Inc has its next earnings report out on 2024-Nov-07. 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.
LanzaTech Global Inc (NASDAQ:LNZA)’s Major holders
LanzaTech Global Inc insiders hold 10.99% of total outstanding shares, with institutional holders owning 79.37% of the shares at 89.17% float percentage. In total, 79.37% institutions holds shares in the company.
