The stock of Aemetis Inc (NASDAQ: AMTX) has decreased by -4.07 when compared to last closing price of 5.41. Despite this, the company has experienced a -13.79% fall in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-03-22 that Aemetis (AMTX) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Is It Worth Investing in Aemetis Inc (NASDAQ: AMTX) Right Now?
The stock has a 36-month beta value of 1.06. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for AMTX is 38.20M, and at present, short sellers hold a 12.14% of that float. On April 05, 2024, the average trading volume of AMTX was 1.23M shares.
AMTX’s Market Performance
The stock of Aemetis Inc (AMTX) has seen a -13.79% decrease in the past week, with a 58.72% rise in the past month, and a 14.57% gain in the past quarter. The volatility ratio for the week is 9.94%, and the volatility levels for the past 30 days are at 13.23% for AMTX. The simple moving average for the last 20 days is 20.90% for AMTX stock, with a simple moving average of 4.39% for the last 200 days.
Analysts’ Opinion of AMTX
Many brokerage firms have already submitted their reports for AMTX stocks, with UBS repeating the rating for AMTX by listing it as a “Buy.” The predicted price for AMTX in the upcoming period, according to UBS is $10.50 based on the research report published on August 16, 2023 of the previous year 2023.
Piper Sandler, on the other hand, stated in their research note that they expect to see AMTX reach a price target of $3. The rating they have provided for AMTX stocks is “Underweight” according to the report published on February 28th, 2023.
UBS gave a rating of “Neutral” to AMTX, setting the target price at $4.25 in the report published on December 14th of the previous year.
AMTX Trading at 35.18% from the 50-Day Moving Average
After a stumble in the market that brought AMTX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -42.27% of loss for the given period.
Volatility was left at 13.23%, however, over the last 30 days, the volatility rate increased by 9.94%, as shares surge +56.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +47.86% upper at present.
During the last 5 trading sessions, AMTX fell by -13.79%, which changed the moving average for the period of 200-days by -19.16% in comparison to the 20-day moving average, which settled at $4.39. In addition, Aemetis Inc saw -0.95% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AMTX starting from Boness Naomi Louise, who sale 15,000 shares at the price of $5.65 back on Sep 12 ’23. After this action, Boness Naomi Louise now owns 16,441 shares of Aemetis Inc, valued at $84,694 using the latest closing price.
BLOCK JOHN R, the Director of Aemetis Inc, sale 19,205 shares at $6.30 during a trade that took place back on Jun 16 ’23, which means that BLOCK JOHN R is holding 27,169 shares at $121,013 based on the most recent closing price.
Stock Fundamentals for AMTX
Current profitability levels for the company are sitting at:
- -0.2 for the present operating margin
- 0.01 for the gross margin
The net margin for Aemetis Inc stands at -0.25. The total capital return value is set at -0.24.
Based on Aemetis Inc (AMTX), the company’s capital structure generated -0.24 points at debt to capital in total, while cash flow to debt ratio is standing at -0.64. The debt to equity ratio resting at -0.19. The interest coverage ratio of the stock is -0.62.
Currently, EBITDA for the company is -30.4 million with net debt to EBITDA at -1.01. When we switch over and look at the enterprise to sales, we see a ratio of 1.31. The receivables turnover for the company is 21.63for trailing twelve months and the total asset turnover is 0.77. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.43.
Conclusion
To sum up, Aemetis Inc (AMTX) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
