LanzaTech Global Inc (NASDAQ: LNZA) has experienced a decline in its stock price by -11.88 compared to its previous closing price of 1.60. However, the company has seen a fall of -26.18% in its stock price over the last five trading days. seekingalpha.com reported 2024-11-08 that LanzaTech Global, Inc. (NASDAQ:LNZA ) Q3 2024 Results Conference Call November 8, 2024 8:30 AM ET Company Participants Kate Walsh – VP, Investor Relations & Tax Jennifer Holmgren – Chief Executive Officer Geoff Trukenbrod – Chief Financial Officer Conference Call Participants Leo Mariani – ROTH Jeffrey Campbell – Seaport Research Partners Thomas Meric – Janney Montgomery Jason Gabelman – TD Cowen Steve Byrne – Bank of America Pavel Molchanov – Raymond James Operator Good day, everyone, and welcome to LanzaTech Global Inc.’s Third Quarter of 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Is It Worth Investing in LanzaTech Global Inc (NASDAQ: LNZA) Right Now?
Additionally, the 36-month beta value for LNZA is 1.54. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
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The public float for LNZA is 120.84M and currently, short sellers hold a 6.16% ratio of that float. The average trading volume of LNZA on November 13, 2024 was 364.31K shares.
LNZA’s Market Performance
LNZA stock saw a decrease of -26.18% in the past week, with a monthly decline of -26.75% and a quarterly a decrease of 13.71%. The volatility ratio for the week is 12.61%, and the volatility levels for the last 30 days are 9.34% for LanzaTech Global Inc (LNZA). The simple moving average for the past 20 days is -22.16% for LNZA’s stock, with a -39.23% simple moving average for the past 200 days.
Analysts’ Opinion of LNZA
Many brokerage firms have already submitted their reports for LNZA stocks, with TD Cowen repeating the rating for LNZA by listing it as a “Hold.” The predicted price for LNZA in the upcoming period, according to TD Cowen is $3 based on the research report published on May 07, 2024 of the current year 2024.
Seaport Research Partners, on the other hand, stated in their research note that they expect to see LNZA reach a price target of $5. The rating they have provided for LNZA stocks is “Buy” according to the report published on March 15th, 2024.
Janney gave a rating of “Buy” to LNZA, setting the target price at $10 in the report published on December 28th of the previous year.
LNZA Trading at -18.36% from the 50-Day Moving Average
After a stumble in the market that brought LNZA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -75.41% of loss for the given period.
Volatility was left at 9.34%, however, over the last 30 days, the volatility rate increased by 12.61%, as shares sank -16.32% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.00% lower at present.
During the last 5 trading sessions, LNZA fell by -26.18%, which changed the moving average for the period of 200-days by -69.94% in comparison to the 20-day moving average, which settled at $1.8115. In addition, LanzaTech Global Inc saw -71.97% 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 LNZA starting from Burton Freya, who sale 50,225 shares at the price of $3.24 back on Mar 05 ’24. After this action, Burton Freya now owns 0 shares of LanzaTech Global Inc, valued at $162,729 using the latest closing price.
Burton Freya, the Chief Sustainability Officer of LanzaTech Global Inc, sale 37,268 shares at $3.15 during a trade that took place back on Mar 04 ’24, which means that Burton Freya is holding 0 shares at $117,394 based on the most recent closing price.
Stock Fundamentals for LNZA
Current profitability levels for the company are sitting at:
- -1.73 for the present operating margin
- 0.41 for the gross margin
The net margin for LanzaTech Global Inc stands at -2.23. The total capital return value is set at -0.59. Equity return is now at value -182.17, with -55.95 for asset returns.
Based on LanzaTech Global Inc (LNZA), the company’s capital structure generated 0.68 points at debt to capital in total, while cash flow to debt ratio is standing at -3.25.
Currently, EBITDA for the company is -100.93 million with net debt to EBITDA at 0.31. When we switch over and look at the enterprise to sales, we see a ratio of 4.29. The receivables turnover for the company is 3.97for trailing twelve months and the total asset turnover is 0.27. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.91.
Conclusion
In conclusion, LanzaTech Global Inc (LNZA) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it 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.
