LanzaTech Global Inc (NASDAQ: LNZA) is -73.90% lower on its value in year-to-date trading and has touched a low of $0.36 and a high of $3.41 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 LNZA stock was last observed hovering at around $0.38 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $0.36, the stock is -36.37% and -56.70% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.09 million and changing -5.75% at the moment leaves the stock -74.69% off its SMA200. LNZA registered -88.12% loss for a year compared to 6-month loss of -76.47%. The firm has a 50-day simple moving average (SMA 50) of $0.84828 and a 200-day simple moving average (SMA200) of $1.422495.
The stock witnessed a -56.49% gain in the last 1 month and extending the period to 3 months gives it a -64.94%, and is -13.37% 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 11.07% over the week and 13.93% over the month.
LanzaTech Global Inc (LNZA) has around 414 employees, a market worth around $70.73M and $58.02M in sales. Profit margin for the company is -223.03%. Distance from 52-week low is -1.22% and -89.51% from its 52-week high. The company has generated returns on investments over the last 12 months (-124.44%).
The EPS is expected to grow by 17.09% this year
109.0 institutions hold shares in LanzaTech Global Inc (LNZA), with institutional investors hold 83.64% of the company’s shares. The shares outstanding are 197.78M, and float is at 137.64M with Short Float at 7.23%. Institutions hold 74.63% of the Float.
The top institutional shareholder in the company is NOVO HOLDINGS A/S with over 15.81 million shares valued at $29.26 million. The investor’s holdings represent 7.9975 of the LNZA Shares outstanding. As of 2024-06-30, the second largest holder is VK SERVICES, LLC with 13.88 million shares valued at $25.67 million to account for 7.0167 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 6.61 million shares representing 3.3416 and valued at over $12.22 million, while ATALAYA CAPITAL MANAGEMENT LP holds 1.4799 of the shares totaling 2.93 million with a market value of $5.41 million.
