Why Should You Consider Adding LanzaTech Global Inc (LNZA) To Your Portfolio?

ZM Stock

LanzaTech Global Inc (NASDAQ:LNZA) has a beta value of 1.36 and has seen 3.15 million shares traded in the last trading session. The company, currently valued at $400.80M, closed the last trade at $1.93 per share which meant it gained $0.25 on the day or 14.88% during that session. The LNZA stock price is -159.59% off its 52-week high price of $5.01 and 56.48% above the 52-week low of $0.84. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.04 million shares traded. The 3-month trading volume is 867.57K shares.

The consensus among analysts is that LanzaTech Global Inc (LNZA) is Buy stock at the moment, with a recommendation rating of 1.50. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 3 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight.

LanzaTech Global Inc (NASDAQ:LNZA) trade information

Sporting 14.88% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the LNZA stock price touched $1.93 or saw a rise of 10.02%. Year-to-date, LanzaTech Global Inc shares have moved 40.88%, while the 5-day performance has seen it change 3.76%. Over the past 30 days, the shares of LanzaTech Global Inc (NASDAQ:LNZA) have changed 85.58%. Short interest in the company has seen 7.75 million shares shorted with days to cover at 14.17.

Wall Street analysts have a consensus price target for the stock at $5.5, which means that the shares’ value could jump 64.91% from current levels. The projected low price target is $5.0 while the price target rests at a high of $6.0. In that case, then, we find that the current price level is -210.88% off the targeted high while a plunge would see the stock gain -159.07% from current levels.

LanzaTech Global Inc (LNZA) estimates and forecasts

Figures show that LanzaTech Global Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 10.29% over the past 6 months, with this year growth rate of 20.25%, compared to 16.50% for the industry.

LNZA Dividends

LanzaTech Global Inc is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

LanzaTech Global Inc (NASDAQ:LNZA)’s Major holders

Insiders own 10.77% of the company shares, while shares held by institutions stand at 74.89% with a share float percentage of 83.93%. Investors are also buoyed by the number of investors in a company, with LanzaTech Global Inc having a total of 108.0 institutions that hold shares in the company.