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Aemetis Inc (AMTX) Is Now En Route to Higher Prices

Aemetis Inc (NASDAQ: AMTX) is -11.83% lower on its value in year-to-date trading and has touched a low of $2.10 and a high of $7.03 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AMTX stock was last observed hovering at around $3.59 in the last trading session, with the day’s gains setting it 1.03%.

Currently trading at $4.62, the stock is 52.19% and 71.31% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.0 million and changing 28.69% at the moment leaves the stock 38.47% off its SMA200. AMTX registered 2.21% gain for a year compared to 6-month loss of 13.24%. The firm has a 50-day simple moving average (SMA 50) of $2.6501 and a 200-day simple moving average (SMA200) of $3.332075.

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The stock witnessed a 72.39% gain in the last 1 month and extending the period to 3 months gives it a 70.48%, and is 46.67% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 18.26% over the week and 9.48% over the month.

Aemetis Inc (AMTX) has around 205 employees, a market worth around $218.05M and $278.65M in sales. Profit margin for the company is -17.27%. Distance from 52-week low is 119.79% and -34.28% from its 52-week high. The company has generated returns on investments over the last 12 months (-43.56%).

with sales reaching $75.76M over the same period.The EPS is expected to shrink by -59.73% this year, but quarterly earnings will post 61.40% year-over-year. Quarterly sales are estimated to grow 10.30% in year-over-year returns.

Aemetis Inc (AMTX) Top Institutional Holders

93.0 institutions hold shares in Aemetis Inc (AMTX), with institutional investors hold 25.32% of the company’s shares. The shares outstanding are 47.20M, and float is at 43.26M with Short Float at 15.61%. Institutions hold 23.20% of the Float.

The top institutional shareholder in the company is BLACKROCK INC. with over 2.27 million shares valued at $6.85 million. The investor’s holdings represent 5.4302% of the AMTX Shares outstanding. As of 2024-06-30, the second largest holder is GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC with 1.89 million shares valued at $5.69 million to account for 4.5152 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 1.87 million shares representing 4.4528% and valued at over $5.61 million, while GEODE CAPITAL MANAGEMENT, LLC holds 2.0489 of the shares totaling 0.86 million with a market value of $2.58 million.

Aemetis Inc (AMTX) Insider Activity

The most recent transaction is an insider sale by BLOCK JOHN R, the company’s Director. SEC filings show that BLOCK JOHN R sold 51,580 shares of the company’s common stock on May 23 ’24 at a price of $3.49 per share for a total of $0.18 million. Following the sale, the insider now owns 14001.0 shares.

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