Aemetis Inc (NASDAQ:AMTX)’s traded shares stood at 1.63 million during the last session, with the company’s beta value hitting 1.38. At the close of trading, the stock’s price was $4.13, to imply a decrease of -10.61% or -$0.49 in intraday trading. The AMTX share’s 52-week high remains $7.03, putting it -70.22% down since that peak but still an impressive 49.15% since price per share fell to its 52-week low of $2.10. The company has a valuation of $194.92M, with an average of 1.03 million shares in intraday trading volume over the past 10 days and average of 611.16K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Aemetis Inc (AMTX), translating to a mean rating of 2.60. Of 8 analyst(s) looking at the stock, 2 analyst(s) give AMTX a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 6 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 -0.42.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Aemetis Inc (NASDAQ:AMTX) trade information
After registering a -10.61% downside in the last session, Aemetis Inc (AMTX) has traded red over the past five days. The 5-day price performance for the stock is 47.50%, and 52.40% over 30 days. With these gigs, the year-to-date price performance is -21.18%. Short interest in Aemetis Inc (NASDAQ:AMTX) saw shorts transact 6.75 million shares and set a 10.8 days time to cover.
The extremes give us $3.5 and $4.25 for target low and target high price respectively. As such, AMTX has been trading -2.91% off suggested target high and 15.25% from its likely low.
Aemetis Inc (AMTX) estimates and forecasts
Looking at statistics comparing Aemetis Inc share performance against respective industry, we note that the company has underperformed competitors. Aemetis Inc (AMTX) shares are -0.48% down over the last 6 months, with its year-to-date growth rate lower than industry average at -72.13% against -47.50%. Revenue is forecast to shrink -157.50% this quarter before jumping 37.50% for the next one. The rating firms project that company’s revenue will grow 61.40% compared to the previous financial year.
Revenue forecast for the current quarter as set by 5 analysts is 75.76M. Meanwhile, for the current quarter, a total of 5 analyst(s) estimate revenue growth to 86.35M.Earnings reports from the last fiscal year show that sales brought in 68.69M and 70.76M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 10.30% before jumping 22.00% in the following quarter.
AMTX Dividends
Aemetis Inc has its next earnings report out in December. 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 (NASDAQ:AMTX)’s Major holders
Aemetis Inc insiders hold 8.40% of total outstanding shares, with institutional holders owning 23.67% of the shares at 25.84% float percentage. In total, 23.67% institutions holds shares in the company, led by BLACKROCK INC.. As of 2024-06-30, the company held over 2.27 million shares (or 5.4302% of shares), all amounting to roughly $6.85 million.
The next major institution holding the largest number of shares is GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC with 1.89 million shares, or about 4.5152% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $5.69 million.
