LanzaTech Global Inc (LNZA) soared 3.35 in the last month: It’s impossible to believe the numbers

A new trading day began on Friday, with LanzaTech Global Inc (NASDAQ: LNZA) stock price up 3.35% from the previous day of trading, before settling in for the closing price of $1.79. LNZA’s price has ranged from $1.41 to $8.70 over the past 52 weeks.

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Annual sales at Industrials sector company grew by 33.86% over the past five years. Meanwhile, its annual earnings per share averaged 46.52%. With a float of $153.77 million, this company’s outstanding shares have now reached $196.64 million.

Let’s look at the performance matrix of the company that is accounted for 414 employees.

LanzaTech Global Inc (LNZA) Insider Updates

As we move forward, let’s examine how large-scale investors are investing in this stock of the Waste Management Industry. The insider ownership of LanzaTech Global Inc is 22.24%, while institutional ownership is 24.57%. The most recent insider transaction that took place on Mar 05 ’24, was worth 162,729. In this transaction Chief Sustainability Officer of this company sold 50,225 shares at a rate of $3.24, taking the stock ownership to the 0 shares. Before that another transaction happened on Mar 04 ’24, when Company’s Chief Sustainability Officer sold 37,268 for $3.15, making the entire transaction worth $117,394. This insider now owns 0 shares in total.

LanzaTech Global Inc (LNZA) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around 46.52% per share during the next fiscal year.

LanzaTech Global Inc (NASDAQ: LNZA) Trading Performance Indicators

Here are LanzaTech Global Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 6.89. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.79.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.49, a number that is poised to hit -0.12 in the next quarter and is forecasted to reach -0.21 in one year’s time.

Technical Analysis of LanzaTech Global Inc (LNZA)

LanzaTech Global Inc (NASDAQ: LNZA) saw its 5-day average volume 3.45 million, a positive change from its year-to-date volume of 0.47 million. As of the previous 9 days, the stock’s Stochastic %D was 45.33%. Additionally, its Average True Range was 0.22.

During the past 100 days, LanzaTech Global Inc’s (LNZA) raw stochastic average was set at 17.19%, which indicates a significant decrease from 44.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 91.38% in the past 14 days, which was higher than the 91.14% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.4032, while its 200-day Moving Average is $3.7512. Nevertheless, the first resistance level for the watch stands at $1.9233 in the near term. At $1.9967, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.1033. If the price goes on to break the first support level at $1.7433, it is likely to go to the next support level at $1.6367. Assuming the price breaks the second support level, the third support level stands at $1.5633.

LanzaTech Global Inc (NASDAQ: LNZA) Key Stats

With a market capitalization of 365.82 million, the company has a total of 197,725K Shares Outstanding. Currently, annual sales are 62,630 K while annual income is -134,100 K. The company’s previous quarter sales were 10,240 K while its latest quarter income was -25,510 K.