Aemetis Inc (AMTX) 20 Days SMA touches -13.02%: The odds favor the bear

Aemetis Inc (NASDAQ: AMTX) kicked off on Friday, up 3.62% from the previous trading day, before settling in for the closing price of $1.52. Over the past 52 weeks, AMTX has traded in a range of $1.47-$5.53.

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During the last 5-year period, the sales growth of Energy Sector giant was 9.43%. While this was happening, its average annual earnings per share was recorded 36.06%. With a float of $48.76 million, this company’s outstanding shares have now reached $51.14 million.

Let’s determine the extent of company efficiency that accounts for 223 employees. In terms of profitability, gross margin is -0.22%, operating margin of -15.1%, and the pretax margin is -36.75%.

Aemetis Inc (AMTX) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas Refining & Marketing Industry. The insider ownership of Aemetis Inc is 8.54%, while institutional ownership is 23.31%. 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 36.06% per share during the next fiscal year.

Aemetis Inc (NASDAQ: AMTX) Trading Performance Indicators

Take a look at Aemetis Inc’s (AMTX) current performance indicators. Last quarter, stock had a quick ratio of 0.13. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.31.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.97, a number that is poised to hit -0.40 in the next quarter and is forecasted to reach -0.56 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 0.61 million, which is a drop from its year-to-date volume of 0.82 million. As of the previous 9 days, the stock’s Stochastic %D was 12.74%. Additionally, its Average True Range was 0.15.

During the past 100 days, Aemetis Inc’s (AMTX) raw stochastic average was set at 3.78%, which indicates a significant decrease from 20.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.65% in the past 14 days, which was lower than the 91.12% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.9288, while its 200-day Moving Average is $2.6975. However, in the short run, Aemetis Inc’s stock first resistance to watch stands at $1.6430. Second resistance stands at $1.7110. The third major resistance level sits at $1.8070. If the price goes on to break the first support level at $1.4790, it is likely to go to the next support level at $1.3830. Should the price break the second support level, the third support level stands at $1.3150.

Aemetis Inc (NASDAQ: AMTX) Key Stats

The company with the Market Capitalisation of 83.98 million has total of 53,319K Shares Outstanding. Its annual sales at the moment are 267,640 K in contrast with the sum of -87,540 K annual income. Company’s last quarter sales were recorded 47,000 K and last quarter income was -16,200 K.