Stocks of Aemetis Inc (NASDAQ:AMTX) traded higher last session on Wall Street, up 1.94% to $3.15.
AMTX stock price is now -16.66% away from the 50-day moving average and -25.50% away from the 200-day moving average. The market capitalization of the company currently stands at $139.86M.
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With the price target enhanced from $2.50 to $10.50, UBS Upgraded its rating from Neutral to Buy for Aemetis Inc (NASDAQ: AMTX). On February 28, 2023, Piper Sandler recently initiated its ‘Underweight’ rating on the stock quoting a target price of $3, while ‘UBS’ rates the stock as ‘Neutral’
In other news, BLOCK JOHN R, Director sold 51,580 shares of the company’s stock on May 23 ’24. The stock was sold for $180,014 at an average price of $3.49. Upon completion of the transaction, the Director now directly owns 14,001 shares in the company, valued at $44103.15. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 12 ’23, Director Boness Naomi Louise sold 15,000 shares of the business’s stock. A total of $84,694 was realized by selling the stock at an average price of $5.65. This leaves the insider owning 16,441 shares of the company worth $51789.15. A total of 8.87% of the company’s stock is owned by insiders.
During the past 12 months, Aemetis Inc has had a low of $2.75 and a high of $8.99. The fifty day moving average price for AMTX is $3.7379 and a two-hundred day moving average price translates $4.218975 for the stock.
The latest earnings results from Aemetis Inc (NASDAQ: AMTX) was released for 2024-03-31. The company reported revenue of $72.63 million for the quarter, compared to $2.15 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3276.75 percent.
