A major move is in the offing as Aemetis Inc (AMTX) market cap hits 129.31 million

Aemetis Inc (NASDAQ: AMTX) on Tuesday, plunged -6.81% from the previous trading day, before settling in for the closing price of $2.79. Within the past 52 weeks, AMTX’s price has moved between $2.10 and $7.03.

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Energy Sector giant saw their annual sales surged by 0.95% over the last five years. The company achieved an average annual earnings per share of -64.63%. With a float of $45.73 million, this company’s outstanding shares have now reached $47.82 million.

The firm has a total of 205 workers. Let’s measure their productivity. In terms of profitability, gross margin is 0.8%, operating margin of -12.32%, and the pretax margin is -32.43%.

Aemetis Inc (AMTX) Insider Activity

Observing investor behavior towards Oil & Gas Refining & Marketing industry stocks is more important than anything else. The insider ownership of Aemetis Inc is 8.05%, while institutional ownership is 23.13%. The most recent insider transaction that took place on May 23 ’24, was worth 180,014. In this transaction Director of this company sold 51,580 shares at a rate of $3.49, taking the stock ownership to the 14,001 shares.

Aemetis Inc (AMTX) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.3 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -64.63% per share during the next fiscal year.

Aemetis Inc (NASDAQ: AMTX) Trading Performance Indicators

Aemetis Inc (AMTX) is currently performing well based on its current performance indicators. A quick ratio of 0.11 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.44.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.26, a number that is poised to hit -0.40 in the next quarter and is forecasted to reach -0.78 in one year’s time.

Technical Analysis of Aemetis Inc (AMTX)

Analysing the last 5-days average volume posted by the [Aemetis Inc, AMTX], we can find that recorded value of 0.59 million was lower than the volume posted last year of 0.62 million. As of the previous 9 days, the stock’s Stochastic %D was 30.01%. Additionally, its Average True Range was 0.22.

During the past 100 days, Aemetis Inc’s (AMTX) raw stochastic average was set at 17.12%, which indicates a significant increase from 15.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.69% in the past 14 days, which was lower than the 82.84% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $3.26, while its 200-day Moving Average is $3.25. Now, the first resistance to watch is $2.77. This is followed by the second major resistance level at $2.95. The third major resistance level sits at $3.05. If the price goes on to break the first support level at $2.49, it is likely to go to the next support level at $2.39. Should the price break the second support level, the third support level stands at $2.21.

Aemetis Inc (NASDAQ: AMTX) Key Stats

Market capitalization of the company is 129.31 million based on 49,735K outstanding shares. Right now, sales total 186,720 K and income totals -46,420 K. The company made 81,440 K in profit during its latest quarter, and -17,940 K in sales during its previous quarter.