Aemetis Inc. [NASDAQ: AMTX] jumped around 0.08 points on Tuesday, while shares priced at $3.06 at the close of the session, up 2.68%. The company report on August 18, 2020 that Aemetis Regains Compliance with NASDAQ Listing Requirements.
via NEWMEDIAWIRE — Aemetis, Inc. (NASDAQ: AMTX) announced it received a letter from The NASDAQ Stock Market (“NASDAQ”) on August 11, 2020, which contained a NASDAQ compliance determination that the Company has regained compliance with NASDAQ Listing Rule 5450(b)(2)(C), which requires that listed securities maintain a minimum market value of publicly held shares of the Company’s common stock equal to or in excess of the $15,000,000 minimum. On August 12, 2020, Aemetis received a letter from NASDAQ confirming compliance with NASDAQ Listing Rule 5450(a)(1), which requires that listed securities maintain a closing bid price equal to or in excess of $1.00 per share.
The NASDAQ letters noted that the Company’s common stock has maintained a closing bid price of at least $1.00 per share for 10 consecutive trading days as well as a minimum market value of publicly held shares of the Company’s common stock equal to or in excess of the $15,000,000 minimum for 10 consecutive trading days, enabling the Company to regain compliance with both NASDAQ Listing Rule 5450(a)(1) and 5450(b)(2)(C). Consequently, NASDAQ confirmed that both matters are now closed.
Aemetis Inc. stock is now 268.67% up from its year-to-date (YTD) trading value. AMTX Stock saw the intraday high of $3.45 and lowest of $2.7304 per share. The company’s 52-week high price is 3.47, which means current price is +725.91% above from all time high which was touched on 08/12/20.
Compared to the average trading volume of 934.73K shares, AMTX reached a trading volume of 4399472 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Aemetis Inc. [AMTX]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AMTX shares is $2.25 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AMTX stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
FBR Capital have made an estimate for Aemetis Inc. shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on July 25, 2016.
The Average True Range (ATR) for Aemetis Inc. is set at 0.39, with the Price to Sales ratio for AMTX stock in the period of the last 12 months amounting to 0.36.
How has AMTX stock performed recently?
Aemetis Inc. [AMTX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 17.24. With this latest performance, AMTX shares gained by 265.29% in over the last four-week period, additionally plugging by 302.37% over the last 6 months – not to mention a rise of 263.94% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AMTX stock in for the last two-week period is set at 71.90, with the RSI for the last a single of trading hit 70.77, and the three-weeks RSI is set at 72.12 for Aemetis Inc. [AMTX]. The present Moving Average for the last 50 days of trading for this stock 1.20, while it was recorded at 2.92 for the last single week of trading, and 0.90 for the last 200 days.
Aemetis Inc. [AMTX]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Aemetis Inc. [AMTX] shares currently have an operating margin of -2.44 and a Gross Margin at +6.29. Aemetis Inc.’s Net Margin is presently recorded at -17.68.
Return on Total Capital for AMTX is now -7.31, given the latest momentum, and Return on Invested Capital for the company is -76.50. Additionally, AMTX Total Debt to Total Capital is recorded at 336.48, with Total Debt to Total Assets ending up at 219.88.
Reflecting on the efficiency of the workforce at the company, Aemetis Inc. [AMTX] managed to generate an average of -$223,225 per employee. Receivables Turnover for the company is 128.99 with a Total Asset Turnover recorded at a value of 2.11.Aemetis Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.10 and a Current Ratio set at 0.20.
Earnings analysis for Aemetis Inc. [AMTX]
With the latest financial reports released by the company, Aemetis Inc. posted -0.31/share EPS, while the average EPS was predicted by analysts to be reported at -0.29/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -6.90%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AMTX.
Insider trade positions for Aemetis Inc. [AMTX]
There are presently around $3 million, or 24.60% of AMTX stock, in the hands of institutional investors. The top three institutional holders of AMTX stocks are: RENAISSANCE TECHNOLOGIES LLC with ownership of 374,807, which is approximately New of the company’s market cap and around 10.75% of the total institutional ownership; BRIDGEWAY CAPITAL MANAGEMENT INC, holding 195,000 shares of the stock with an approximate value of $0.6 million in AMTX stocks shares; and VANGUARD GROUP INC, currently with $0.5 million in AMTX stock with ownership of nearly -26.315% of the company’s market capitalization.
Positions in Aemetis Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 9 institutional holders increased their position in Aemetis Inc. [NASDAQ:AMTX] by around 617,013 shares. Additionally, 7 investors decreased positions by around 960,465 shares, while 9 investors held positions by with 442,698 shares. The mentioned changes placed institutional holdings at 1,134,780 shares, according to the latest SEC report filing. AMTX stock had 6 new institutional investments in for a total of 602,238 shares, while 4 institutional investors sold positions of 900,925 shares during the same period.