Aemetis Inc (NASDAQ:AMTX)’s traded shares stood at 0.47 million during the last session, with the company’s beta value hitting 1.39. At the close of trading, the stock’s price was $3.36, to imply a decrease of -0.88% or -$0.03 in intraday trading. The AMTX share’s 52-week high remains $7.03, putting it -109.23% down since that peak but still an impressive 37.5% since price per share fell to its 52-week low of $2.10. The company has a valuation of $167.11M, with an average of 0.73 million shares in intraday trading volume over the past 10 days and average of 703.13K 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 -0.41.
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Aemetis Inc (NASDAQ:AMTX) trade information
After registering a -0.88% 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 -17.85%, and 20.00% over 30 days. With these gigs, the year-to-date price performance is -35.88%. Short interest in Aemetis Inc (NASDAQ:AMTX) saw shorts transact 5.54 million shares and set a 6.78 days time to cover.
The extremes give us $3.5 and $3.5 for target low and target high price respectively. As such, AMTX has been trading -4.17% off suggested target high and -4.17% 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 8.39% up over the last 6 months, with its year-to-date growth rate lower than industry average at -65.57% against -45.30%. The rating firms project that company’s revenue will grow 65.74% compared to the previous financial year.
Revenue forecast for the current quarter as set by 3 analysts is 88.72M. Meanwhile, for the current quarter, a total of 3 analyst(s) estimate revenue growth to 96.2M.Earnings reports from the last fiscal year show that sales brought in 70.76M and 72.63M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 25.37% before jumping 32.44% in the following quarter.
AMTX Dividends
Aemetis Inc has its next earnings report out in January. 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 8.00% of total outstanding shares, with institutional holders owning 22.82% of the shares at 24.81% float percentage. In total, 22.82% 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.
