Currently, there are 197.78M common shares owned by the public and among those 134.72M shares have been available to trade.
The company’s stock has a 5-day price change of -6.46% and -22.84% over the past three months. LNZA shares are trading 10.95% year to date (YTD), with the 12-month market performance down to -64.81% lower. It has a 12-month low price of $0.84 and touched a high of $5.01 over the same period. LNZA has an average intraday trading volume of 978.55K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -1.04%, 13.73%, and -18.58% respectively.
Institutional ownership of LanzaTech Global Inc (NASDAQ: LNZA) shares accounts for 31.46% of the company’s 197.78M shares outstanding.
It has a market capitalization of $300.63M and a beta (3y monthly) value of 1.35. The earnings-per-share (ttm) stands at -$0.66. Price movements for the stock have been influenced by the stock’s volatility, which stands at 9.71% over the week and 20.45% over the month.
Earnings per share for the fiscal year are expected to increase by 17.41%, and 39.85% over the next financial year.
Looking at the support for the LNZA, a number of firms have released research notes about the stock. TD Cowen stated their Hold rating for the stock in a research note on May 07, 2024, with the firm’s price target at $3. Seaport Research Partners coverage for the LanzaTech Global Inc (LNZA) stock in a research note released on March 15, 2024 offered a Buy rating with a price target of $5. Janney was of a view on December 28, 2023 that the stock is Buy, while ROTH MKM gave the stock Buy rating on May 12, 2023, issuing a price target of $8.
