Aemetis Inc (AMTX) Stock: What the Analysts are Saying

QCOM

The stock has a 36-month beta value of 1.32. 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 40.46M, and at present, short sellers hold a 14.11% of that float. On July 04, 2024, the average trading volume of AMTX was 678.64K shares.

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AMTX) stock’s latest price update

Aemetis Inc (NASDAQ: AMTX)’s stock price has soared by 5.72 in relation to previous closing price of 2.97. Nevertheless, the company has seen a gain of 1.95% in its stock price over the last five trading days. seekingalpha.com reported 2024-06-11 that Annual Russell 2000 rebalancing presents long-term opportunities in select micro-cap companies. Forced buying by ETFs and mutual funds upon index inclusion can impact stock prices. Five micro-cap companies currently on the Russell 2000 inclusion list show potential for short-term gains and long-term growth.

AMTX’s Market Performance

Aemetis Inc (AMTX) has experienced a 1.95% rise in stock performance for the past week, with a -3.98% drop in the past month, and a -41.96% drop in the past quarter. The volatility ratio for the week is 7.54%, and the volatility levels for the past 30 days are at 5.30% for AMTX. The simple moving average for the past 20 days is 2.23% for AMTX’s stock, with a -23.84% simple moving average for the past 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 -11.11% 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 -65.07% of loss for the given period.

Volatility was left at 5.30%, however, over the last 30 days, the volatility rate increased by 7.54%, as shares sank -1.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -13.38% lower at present.

During the last 5 trading sessions, AMTX rose by +1.95%, which changed the moving average for the period of 200-days by -37.70% in comparison to the 20-day moving average, which settled at $3.07. In addition, Aemetis Inc saw -40.08% 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 BLOCK JOHN R, who sale 51,580 shares at the price of $3.49 back on May 23 ’24. After this action, BLOCK JOHN R now owns 14,001 shares of Aemetis Inc, valued at $180,014 using the latest closing price.

Boness Naomi Louise, the Director of Aemetis Inc, sale 15,000 shares at $5.65 during a trade that took place back on Sep 12 ’23, which means that Boness Naomi Louise is holding 16,441 shares at $84,694 based on the most recent closing price.

Stock Fundamentals for AMTX

Current profitability levels for the company are sitting at:

  • -0.14 for the present operating margin
  • 0.01 for the gross margin

The net margin for Aemetis Inc stands at -0.17. The total capital return value is set at -0.28.

Based on Aemetis Inc (AMTX), the company’s capital structure generated 2.21 points at debt to capital in total, while cash flow to debt ratio is standing at 0.03. The debt to equity ratio resting at -1.83. The interest coverage ratio of the stock is -0.66.

Currently, EBITDA for the company is -30.1 million with net debt to EBITDA at -13.41. When we switch over and look at the enterprise to sales, we see a ratio of 2.2. The receivables turnover for the company is 29.01for trailing twelve months and the total asset turnover is 1.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.28.

Conclusion

To sum up, Aemetis Inc (AMTX) has seen a bad 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.

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