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Aemetis Inc (AMTX) Volatility At 7.38%, Should You Add A Position?

Aemetis Inc (NASDAQ: AMTX) is -26.58% lower on its value in year-to-date trading and has touched a low of $1.93 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 $2.00 in the last trading session, with the day’s loss setting it -0.02%.

Currently trading at $1.98, the stock is -7.41% and -22.66% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.24 million and changing -1.25% at the moment leaves the stock -33.62% off its SMA200. AMTX registered -43.57% loss for a year compared to 6-month loss of -29.72%.

The stock witnessed a -26.85% gain in the last 1 month and extending the period to 3 months gives it a -48.43%, and is -1.25% down 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 7.38% over the week and 7.89% over the month.

Aemetis Inc (AMTX) has around 205 employees, a market worth around $101.03M and $291.40M in sales. Profit margin for the company is -33.21%. Distance from 52-week low is 2.33% and -71.91% from its 52-week high. The company has generated returns on investments over the last 12 months (-84.56%).

with sales reaching $80.59M over the same period.The EPS is expected to shrink by -65.47% this year, but quarterly earnings will post 61.36% year-over-year. Quarterly sales are estimated to grow 13.89% in year-over-year returns.

The shares outstanding are 47.82M, and float is at 46.66M with Short Float at 14.51%.

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 VANGUARD GROUP INC with 1.87 million shares valued at $5.61 million to account for 4.4528 of the shares outstanding. The other top investors are GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC which holds 1.89 million shares representing 4.2582 and valued at over $5.69 million, while GEODE CAPITAL MANAGEMENT, LLC holds 1.9323 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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