Aemetis Inc (AMTX) average volume reaches $831.24K: Is Wall Street expecting a rally?

On Monday, Aemetis Inc (NASDAQ: AMTX) opened higher 3.92% from the last session, before settling in for the closing price of $2.04. Price fluctuations for AMTX have ranged from $2.00 to $7.03 over the past 52 weeks.

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During the last 5-year period, the sales growth of Energy Sector giant was 0.95%. Company’s average yearly earnings per share was noted -65.47% at the time writing. With a float of $46.66 million, this company’s outstanding shares have now reached $47.82 million.

Let’s determine the extent of company efficiency that accounts for 205 employees. 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

A key investor’s attitude towards the stock of the Oil & Gas Refining & Marketing industry is another important factor to consider. The insider ownership of Aemetis Inc is 8.79%, while institutional ownership is 22.87%. 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 -0.31 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -65.47% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 53.77% during the next five years compared to 5.64% growth over the previous five years of trading.

Aemetis Inc (NASDAQ: AMTX) Trading Performance Indicators

Check out the current performance indicators for Aemetis Inc (AMTX). In the past quarter, the stock posted a quick ratio of 0.11. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.37.

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 -0.82 in one year’s time.

Technical Analysis of Aemetis Inc (AMTX)

Looking closely at Aemetis Inc (NASDAQ: AMTX), its last 5-days average volume was 0.78 million, which is a drop from its year-to-date volume of 0.81 million. As of the previous 9 days, the stock’s Stochastic %D was 17.43%. Additionally, its Average True Range was 0.19.

During the past 100 days, Aemetis Inc’s (AMTX) raw stochastic average was set at 4.40%, which indicates a significant decrease from 20.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 104.48% in the past 14 days, which was higher than the 90.95% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.80, while its 200-day Moving Average is $3.04. However, in the short run, Aemetis Inc’s stock first resistance to watch stands at $2.20. Second resistance stands at $2.27. The third major resistance level sits at $2.34. If the price goes on to break the first support level at $2.06, it is likely to go to the next support level at $1.99. Should the price break the second support level, the third support level stands at $1.92.

Aemetis Inc (NASDAQ: AMTX) Key Stats

There are currently 51,153K shares outstanding in the company with a market cap of 108.44 million. Presently, the company’s annual sales total 186,720 K according to its annual income of -46,420 K. Last quarter, the company’s sales amounted to 81,440 K and its income totaled -17,940 K.