LanzaTech Global Inc (NASDAQ: LNZA) is -83.94% lower on its value in year-to-date trading and has touched a low of $0.14 and a high of $3.26 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 $0.24 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $0.22, the stock is -5.11% and -20.50% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.52 million and changing -8.33% at the moment leaves the stock -79.76% off its SMA200. LNZA registered -91.24% loss for a year compared to 6-month loss of -79.72%. The firm has a 50-day simple moving average (SMA 50) of $0.27682 and a 200-day simple moving average (SMA200) of $1.08703.
The stock witnessed a 37.33% gain in the last 1 month and extending the period to 3 months gives it a -75.11%, and is -8.33% 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 11.96% over the week and 13.42% over the month.
LanzaTech Global Inc (LNZA) has around 384 employees, a market worth around $51.03M and $49.59M in sales. Profit margin for the company is -277.73%. Distance from 52-week low is 57.03% and -93.25% from its 52-week high. The company has generated returns on investments over the last 12 months (-217.40%).
The EPS is expected to grow by 40.00% this year
107.0 institutions hold shares in LanzaTech Global Inc (LNZA), with institutional investors hold 59.24% of the company’s shares. The shares outstanding are 197.90M, and float is at 186.92M with Short Float at 4.99%. Institutions hold 53.78% 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 VANGUARD GROUP INC holds 3.2653 of the shares totaling 6.46 million with a market value of $11.95 million.
