Aemetis Inc. (NASDAQ:AMTX) closed Monday at $4.16 per share, up from $3.84 a day earlier. While Aemetis Inc. has overperformed by 8.33%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, AMTX fell by -56.80%, with highs and lows ranging from $16.06 to $3.62, whereas the simple moving average fell by -41.21% in the last 200 days.
On December 14, 2022, UBS started tracking Aemetis Inc. (NASDAQ: AMTX) recommending Neutral. A report published by Truist on August 09, 2022, Downgraded its rating to ‘Hold’ for AMTX. Credit Suisse also rated AMTX shares as ‘Outperform’, setting a target price of $35 on the company’s shares in an initiating report dated November 22, 2021. Evercore ISI Initiated an Outperform rating on July 15, 2021, and assigned a price target of $25. Credit Suisse initiated its ‘Outperform’ rating for AMTX, as published in its report on March 22, 2021. Truist’s report from March 19, 2021 suggests a price prediction of $35 for AMTX shares, giving the stock a ‘Buy’ rating. Stifel also rated the stock as ‘Buy’.
Analysis of Aemetis Inc. (AMTX)
Further, the quarter-over-quarter increase in sales is 43.90%, showing a positive trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Aemetis Inc.’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of 62.00% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.10, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
As an indicator of volatility for any stock, average volume can also be very valuable, and AMTX is recording an average volume of 616.65K. On a monthly basis, the volatility of the stock is set at 7.10%, whereas on a weekly basis, it is put at 7.92%, with a loss of -5.24% over the past seven days. Furthermore, long-term investors anticipate a median target price of $15.71, showing growth from the present price of $4.16, which can serve as yet another indication of whether AMTX is worth investing in or should be passed over.
How Do You Analyze Aemetis Inc. Shares?
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 1.00%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 61.50% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
Are institutional investors increasing their holdings in AMTX shares?
The recent increase in stakes in AMTX appears to be a result of several institutional investors and hedge funds increasing their positions. BlackRock Fund Advisors’s position in AMTX has decreased by -1.97% in the first quarter. The company now owns 2,585,573 shares of the stock, with a value of $10.24 million, following the sale of -51,923 additional shares during the last quarter. AllianceBernstein LP made another decreased to its shares in AMTX during the first quarter, downing its stake by -14.15%. During the last quarter, the company dropped down -365,159 additional shares for a total stake of worth $8.78 million, bringing number of shares owned by the company to 2,216,085.
During the first quarter, Grantham, Mayo, Van Otterloo & Co subtracted a -377,345 position in AMTX. Encompass Capital Advisors LLC sold an additional -0.11 million shares in the last quarter, decreasing its holdings by -5.65%, now holding 1.79 million shares worth $7.09 million. At the end of the first quarter, The Vanguard Group, Inc. decreased its AMTX holdings by -4.77% and now holds 1.38 million AMTX shares valued at $5.45 million with the lessened 68909.0 shares during the period. AMTX shares are owned by institutional investors to the tune of 61.50% at present.