A major move is in the offing as LanzaTech Global Inc (LNZA) market cap hits 190.84 million

LanzaTech Global Inc (NASDAQ: LNZA) kicked off on Friday, down -11.07% from the previous trading day, before settling in for the closing price of $1.22. Over the past 52 weeks, LNZA has traded in a range of $1.16-$5.73.

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Industrials Sector giant saw their annual sales surged by 33.86% over the last five years. While this was happening, its average annual earnings per share was recorded 31.01%. With a float of $134.72 million, this company’s outstanding shares have now reached $196.64 million.

The firm has a total of 414 workers. Let’s measure their productivity. In terms of profitability, gross margin is 36.49%, operating margin of -173.3%, and the pretax margin is -205.97%.

LanzaTech Global Inc (LNZA) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Waste Management Industry. The insider ownership of LanzaTech Global Inc is 38.90%, while institutional ownership is 29.96%. 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) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 31.01% per share during the next fiscal year.

LanzaTech Global Inc (NASDAQ: LNZA) Trading Performance Indicators

Take a look at LanzaTech Global Inc’s (LNZA) current performance indicators. Last quarter, stock had a quick ratio of 2.91. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.29.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.66, a number that is poised to hit -0.10 in the next quarter and is forecasted to reach -0.35 in one year’s time.

Technical Analysis of LanzaTech Global Inc (LNZA)

Analysing the last 5-days average volume posted by the [LanzaTech Global Inc, LNZA], we can find that recorded value of 0.6 million was better than the volume posted last year of 0.44 million. As of the previous 9 days, the stock’s Stochastic %D was 2.90%. Additionally, its Average True Range was 0.17.

During the past 100 days, LanzaTech Global Inc’s (LNZA) raw stochastic average was set at 0.45%, which indicates a significant decrease from 0.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 86.68% in the past 14 days, which was lower than the 98.40% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.7128, while its 200-day Moving Average is $2.2731. Now, the first resistance to watch is $1.1900. This is followed by the second major resistance level at $1.2950. The third major resistance level sits at $1.3500. If the price goes on to break the first support level at $1.0300, it is likely to go to the next support level at $0.9750. Should the price break the second support level, the third support level stands at $0.8700.

LanzaTech Global Inc (NASDAQ: LNZA) Key Stats

The company with the Market Capitalisation of 190.84 million has total of 197,765K Shares Outstanding. Its annual sales at the moment are 62,630 K in contrast with the sum of -134,100 K annual income. Company’s last quarter sales were recorded 9,940 K and last quarter income was -57,430 K.