In yesterday’s Wall Street session, Aemetis Inc. (NASDAQ:AMTX) shares traded at $4.23, up 2.42% from the previous session.
7 analysts cover Aemetis Inc. (NASDAQ:AMTX), according to research data. The consensus rating among analysts is ‘Overweight’. AMTX stock price is now 78.25% away from the 50-day moving average and -15.50% away from the 200-day moving average. The market capitalization of the company currently stands at $117.59M.
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The stock has received a hold rating from 3 analysts and a buy rating from 3.
A total of 1.00% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in AMTX stock. A new stake in Aemetis Inc. shares was purchased by DAVIDSON KEMPNER PARTNERS during the first quarter worth $234,000. CAPROCK GROUP, LLC invested $93,000 in shares of AMTX during the first quarter. In the first quarter, SG AMERICAS SECURITIES, LLC acquired a new stake in Aemetis Inc. valued at approximately $57,000. SIMPLEX TRADING, LLC acquired a new stake in AMTX for approximately $50,000. JUMP FINANCIAL, LLC purchased a new stake in AMTX valued at around $43,000 in the second quarter. In total, there are 124 active investors with 61.50% ownership of the company’s stock.
On Thursday morning Aemetis Inc. (NASDAQ: AMTX) stock kicked off with the opening price of $4.3100. During the past 12 months, Aemetis Inc. has had a low of $1.16 and a high of $11.50. The fifty day moving average price for AMTX is $2.4035 and a two-hundred day moving average price translates $4.9764 for the stock.
The latest earnings results from Aemetis Inc. (NASDAQ: AMTX) was released for Mar, 2023. According to the Oil & Gas Refining & Marketing Company, earnings per share came in at -$0.73, missing analysts’ expectations of -$0.39 by -0.34. This compares to -$0.54 EPS in the same period last year. The net profit margin was -56.10% and return on equity was 63.30% for AMTX. The company reported revenue of $2.15 million for the quarter, compared to $52.05 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -95.87 percent. For the current quarter, analysts expect AMTX to generate $88.59M in revenue.
Aemetis Inc.(AMTX) Company Profile
Aemetis, Inc. operates as a renewable natural gas and renewable fuels company. It operates through three segments: California Ethanol, California Dairy Renewable Natural Gas, and India Biodiesel. The company focuses on the acquisition, development, and commercialization of negative carbon intensity products and technologies that replace traditional petroleum-based products. In addition, it produces and sells ethanol; and wet distillers grains, distillers corn oil, and condensed distillers solubles to dairies and feedlots as animal feed. Further, the company markets and supplies high-grade alcohol and hand sanitizer. Additionally, it researches and develops conversion technologies using waste feedstocks to produce biofuels and biochemicals. Furthermore, it sells biodiesel primarily to government oil marketing companies, transport companies, resellers, distributors, and private refiners through its own sales force and independent sales agents, as well as to brokers who resell the product to end-users. Aemetis, Inc. was founded in 2005 and is headquartered in Cupertino, California.
