Analysts Update Their Price Forecasts For Aemetis Inc. (AMTX)

    SBUX Stock
    SBUX Stock

    After grabbing 0.37 million shares, the institutional investor is now in possession of 0.37 million shares of the Energy Company. The new investment brought the stake of investor firm to 1.81% having worth around $0.42 million. Moreover, Bridgeway Capital Management, Inc.. increased its share by 0.2 million to have a control over 0.2 million shares. And Geode Capital Management LLC raised its holdings to 10326.0 shares by acquiring 73506.0 shares or 0.36% of the stake.

    Aemetis Inc. (AMTX) concluded trading on 08/26/20 at a closing price of $1.72, with 1.95 million shares of worth about $3.35 million changed hands on the day. Weekly performance of the stock remained negative as price took a plunge of -38.57% during that period and on Wednesday the price saw a loss of about -17.31%. Currently the company’s common shares owned by public are about 20.68M shares, out of which, 18.57M shares are available for trading.

    A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 1 analysts are covering the AMTX stock and their offered price forecasts bring an average price target of $4.50. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $4.50 and could fall to a lowest price of $4.50. Analysts also issued an outlook of 2.00 for the Aemetis Inc. stock for next 12 months. However, touching the estimated high of $4.50 would mean a gain of 61.78% for the stock.

    According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 1 times over the past 12 months. They bought 0 shares in 0 of the transactions. In 1 selling transactions, insiders dumped 120,000 shares.

    Bridgeway Ultra Small Company Fun, Vanguard Extended Market Index Fu, and Bridgeway Ultra Small Company Mar are the top 3 mutual funds which are holding stakes in Aemetis Inc. Bridgeway Ultra Small Company Fun is currently holding 0.14 million shares of worth totaling $0.16 million. The company recently came buying 0.14 million shares which brought its stake up to 0.70% of the company’s outstanding shares. Bridgeway Ultra Small Company Mar, after buying 50000.0 shares, have now control over 0.24% of the stake in the company. It holds 50000.0 shares of worth $56000.0.

    Aemetis Inc. (NASDAQ: AMTX) started trading at $2.03, below -$0.05 from concluding price of the previous day. However, the stock finished the trading on the day at a closing price of $1.72, or with a loss of -17.31%. Stock saw a price change of -38.57% in past 5 days and over the past one month there was a price change of 85.19%. Year-to-date (YTD), AMTX shares are showing a performance of 107.23% which increased to 126.32% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.37 but also hit the highest price of $3.47 during that period. While comparing its average daily trading volume of 1.10 million shares, we see that about 1.95 million changed hands on the day. The stock is currently trading -20.13% below its 20-day simple moving average (SMA20), while that difference is up 26.94% for SMA50 and it goes to 84.68% higher than SMA200.

    Renaissance Technologies LLC acquired 0.37 million shares of Aemetis Inc. having value of about $0.42 million. Aemetis Inc. (NASDAQ: AMTX) currently have 20.68M outstanding shares and institutions hold larger chunk of about 22.90% of that. Holding of mutual funds in the company is about 29.41% while other institutional holders and individual stake holders have control over 3.36% and 2.13% of the stake respectively.

    The stock has a current market capitalization of $46.94M and its 3Y-monthly beta is at 1.01. It has posted earnings per share of -$1.12 in the same period. It has Quick Ratio of 0.20. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for AMTX, volatility over the week remained 19.89% while standing at 23.47% over the month.

    Analysts are in expectations that Aemetis Inc. (AMTX) stock would likely to be making an EPS of -$0.05 in the current quarter, while forecast for next quarter ESPS is -$0.12 and it is -$1 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.05 which is -$0.05 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$0.31 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -7.00% while it is estimated to increase by 25.40% in next year.

    Analysts at 1 brokerage firms have issued recommendations for the Aemetis Inc. (AMTX)’s stock and average of those rates the stock at a “Moderate Buy” and assign it a score of 2.00. Out of those 1 Wall Street analysts, 1 recommended a “Buy” rating, while 0 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.

    Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by FBR Capital on July 25, 2016 offering a Mkt perform rating for the stock and assigned a target price of $2.50 to it.


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