In today’s recent session, 0.45 million shares of the LanzaTech Global Inc (NASDAQ:LNZA) have been traded, and its beta is 1.37. Most recently the company’s share price was $1.35, and it changed around -$0.15 or -10.15% from the last close, which brings the market valuation of the company to $266.57M. LNZA at last check was trading at a discount to its 52-week high of $5.01, offering almost -271.11% off that amount. The share price’s 52-week low was $0.84, which indicates that the recent value has risen by an impressive 37.78% since then. We note from LanzaTech Global Inc’s average daily trading volume that its 10-day average is 1.08 million shares, with the 3-month average coming to 1.00 million.
LanzaTech Global Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.50. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 1 recommended LNZA as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight. LanzaTech Global Inc is expected to report earnings per share of -0.14 for the current quarter.
LanzaTech Global Inc (NASDAQ:LNZA) trade information
Instantly LNZA has been showing red trend so far today with a performance of -10.15% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 1.6699 on recent trading dayincreased the stock’s daily price by 19.16%. The company’s shares are currently down -1.62% year-to-date, but still down -8.62% over the last five days. On the other hand, LanzaTech Global Inc (NASDAQ:LNZA) is 52.45% up in the 30-day period. We can see from the shorts that 8.02 million shares have been sold at a short interest cover period of 5.08 day(s).
The consensus price target as assigned by Wall Street analysts is $5.5, which translates to bulls needing to increase their stock price by 75.45% from its current value. Analyst projections state that LNZA is forecast to be at a low of $5 and a high of $6.
LanzaTech Global Inc (LNZA) estimates and forecasts
LanzaTech Global Inc share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -30.17 percent over the past six months and at a 12.66% annual growth rate that is well below the industry average of 16.00%. The year-over-year growth rate is expected to be 0.31%, up from the previous year.
Consensus estimates provided by 4 financial analysts predict the company will bring in an average of 25.3M in revenue for the current quarter. 2 analysts expect LanzaTech Global Inc to make 35.53M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 20.5M and 10.24M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 23.40%. Forecasts for the next quarter put sales growth at 246.79%.
LNZA Dividends
LanzaTech Global Inc’s next quarterly earnings report is expected to be released in February.
LanzaTech Global Inc (NASDAQ:LNZA)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 10.77% of LanzaTech Global Inc shares, and 74.88% of them are in the hands of institutional investors. The stock currently has a share float of 83.92%.
Vanguard Total Stock Market Index Fund and Invesco ETF Tr-Invesco Wilderhill Clean Energy ETF were the top two Mutual Funds as of Sep 30, 2024. The former held 4.32 shares worth $5.76 million, making up 2.18% of all outstanding shares. On the other hand, Invesco ETF Tr-Invesco Wilderhill Clean Energy ETF held roughly 2.98 shares worth around $3.97 million, which represents about 1.51% of the total shares outstanding.
