Aemetis Inc (AMTX) – Don’t Be So Quick to Call it Dead

Aemetis Inc (NASDAQ: AMTX) is -36.43% lower on its value in year-to-date trading and has touched a low of $1.22 and a high of $4.73 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 $1.82 in the last trading session, with the day’s loss setting it -0.11%.

Currently trading at $1.71, the stock is 19.29% and 7.38% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.35 million and changing -6.04% at the moment leaves the stock -29.01% off its SMA200. AMTX registered -55.58% loss for a year compared to 6-month loss of -55.35%. The firm has a 50-day simple moving average (SMA 50) of $1.5925 and a 200-day simple moving average (SMA200) of $2.4089.

The stock witnessed a 26.67% gain in the last 1 month and extending the period to 3 months gives it a -13.42%, and is 10.32% 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 9.65% over the week and 7.82% over the month.

Aemetis Inc (AMTX) has around 223 employees, a market worth around $94.68M and $237.89M in sales. Profit margin for the company is -36.92%. Distance from 52-week low is 40.16% and -63.85% from its 52-week high. The company has generated returns on investments over the last 12 months (-130.66%).

The EPS is expected to grow by 35.82% this year

99.0 institutions hold shares in Aemetis Inc (AMTX), with institutional investors hold 22.52% of the company’s shares. The shares outstanding are 54.04M, and float is at 50.33M with Short Float at 20.53%. Institutions hold 20.62% 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 5.1211 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 4.2582 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 1.87 million shares representing 4.1993 and valued at over $5.61 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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