Should You Invest in Aemetis Inc (AMTX) Now?

The 36-month beta value for AMTX is at 1.34. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 2 as “hold,” and 0 as “sell.”

The public float for AMTX is 45.52M, and currently, shorts hold a 12.17% of that float. The average trading volume for AMTX on November 28, 2024 was 670.34K shares.

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AMTX) stock’s latest price update

Aemetis Inc (NASDAQ: AMTX)’s stock price has increased by 0.76 compared to its previous closing price of 3.93. However, the company has seen a 2.46% increase in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-12 that Aemetis, Inc. (NASDAQ:AMTX ) Q3 2024 Earnings Call November 12, 2024 2:00 PM ET Company Participants Todd Waltz – Executive Vice President and Chief Financial Officer Eric McAfee – Founder, Chairman and Chief Executive Officer Andy Foster – President, North America Conference Call Participants Manav Gupta – UBS Henry Stephen – Truist Amit Dayal – H.C. Wainwright Matthew Blair – TPH Dave Storms – Stonegate Ed Woo – Ascendiant Capital Operator Good day, ladies and gentlemen, and welcome to the Aemetis Third Quarter 2024 Earnings Review Conference Call.

AMTX’s Market Performance

AMTX’s stock has risen by 2.46% in the past week, with a monthly rise of 45.05% and a quarterly rise of 59.04%. The volatility ratio for the week is 6.67% while the volatility levels for the last 30 days are 10.58% for Aemetis Inc The simple moving average for the last 20 days is 9.36% for AMTX stock, with a simple moving average of 17.80% 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 29.59% 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 -43.67% of loss for the given period.

Volatility was left at 10.58%, however, over the last 30 days, the volatility rate increased by 6.67%, as shares surge +46.13% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +61.63% upper at present.

During the last 5 trading sessions, AMTX rose by +2.46%, which changed the moving average for the period of 200-days by +17.51% in comparison to the 20-day moving average, which settled at $3.62. In addition, Aemetis Inc saw -24.43% 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.

Stock Fundamentals for AMTX

Current profitability levels for the company are sitting at:

  • -0.12 for the present operating margin
  • 0.01 for the gross margin

The net margin for Aemetis Inc stands at -0.33. The total capital return value is set at -0.31.

Based on Aemetis Inc (AMTX), the company’s capital structure generated 17.31 points at debt to capital in total, while cash flow to debt ratio is standing at 0.05. The debt to equity ratio resting at -1.06. The interest coverage ratio of the stock is -0.7.

Currently, EBITDA for the company is -34.84 million with net debt to EBITDA at -9.18. When we switch over and look at the enterprise to sales, we see a ratio of 1.62. The receivables turnover for the company is 36.3for trailing twelve months and the total asset turnover is 1.18. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.26.

Conclusion

In conclusion, Aemetis Inc (AMTX) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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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