67.7 F
New York
Tuesday, September 29, 2020

The Rejuvenation of Aemetis Inc. (NASDAQ:AMTX)

Must read

Lindblad Expeditions Holdings Inc. (NASDAQ:LIND) is Waving the Bull Flag

Lindblad Expeditions Holdings Inc. (LIND) shares are trading at higher $8.77 and the avg recommendation for the stock is Moderate Buy, while the current...

The Rejuvenation of Orchard Therapeutics plc (NASDAQ:ORTX)

Orchard Therapeutics plc (ORTX) shares are trading at lower $4.42 and the avg recommendation for the stock is Strong Buy. To add more color...

Option Care Health Inc. (NASDAQ:OPCH) Stock is Soaring, Here is Why

Option Care Health Inc. (OPCH) shares are trading at higher $12.67 and the avg recommendation for the stock is Strong Buy, while the current...

Renewed Optimism is Surrounding China Life Insurance Company Limited (NYSE:LFC)

China Life Insurance Company Limited (LFC) shares are trading at lower $11.12 and the avg recommendation for the stock is Strong Buy, while the...

The Aemetis Inc. (AMTX) shares are trading at higher $0.91 and the avg recommendation for the stock is Moderate Buy.

To add more color to this target, the company’s high over the last year is $1.72 and the low is $0.37. Over the last 52 weeks, AMTX is down -47.09% while the S&P 500 is up 0.73%. The catalyst for this interesting swing was the company’s recent earnings report.

A Notable Earnings Report

In the last quarter, AMTX reported a profit of $-0.43 million. Aemetis Inc. also saw revenues decrease to $39.48 million. In addition, AMTX has free cash flow of -$1.76 million as of 03-2020. The company’s EBITDA came in at -$2.09 million which compares well with its peers.

AMTX booked profit margins of -19.10%, its Return on Equity (ROE) is 25.70%, and its Return on Assets is -38.70%. All told, it is clear that, AMTX needs to be on your watchlist.

Find out when AMTX reaches critical levels. Subscribe to OracleDispatch.com Right Now by entering your Email in the box below.

Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. AMTX has a short ratio of 0.01 and outstanding shares of 20.65M.

Company Outlook

AMTX has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 0.13 million and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at -1.85. Aemetis Inc. AMTX also noted assets of $103.81 million at the end of the last quarter. Investors should also keep an eye on sector updates as AMTX has historically followed its peers on positive news.

All told, Aemetis Inc. AMTX has strung together solid data and demonstrated underlying fundamentals. At its current valuation, AMTX represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.

Aemetis Inc. AMTX is now commanding a market cap of 18.64M and a float of 18.46M. AMTX is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of AMTX stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!

Disclosure: we hold no position in AMTX, either long or short, and we have not been compensated for this article.

Latest article

Invesco Ltd. (NYSE:IVZ) Recent Earnings Shows Major Promise

Invesco Ltd. (IVZ) shares are trading at higher $11.49 and the avg recommendation for the stock is Hold, while the current analyst price target...

The Unprecedented Rise of Chevron Corporation (NYSE:CVX)

Chevron Corporation (CVX) shares are trading at higher $73.93 and the avg recommendation for the stock is Moderate Buy, while the current analyst price...

SunPower Corporation (NASDAQ:SPWR) Finding Strong Support

SunPower Corporation (SPWR) shares are trading at higher $11.70 and the avg recommendation for the stock is Moderate Buy, while the current analyst price...

Renewed Optimism is Surrounding Vipshop Holdings Limited (NYSE:VIPS)

Vipshop Holdings Limited (VIPS) shares are trading at lower $15.90 and the avg recommendation for the stock is Moderate Buy, while the current analyst...

Zoom Video Communications Inc. (NASDAQ:ZM) is Waving the Bear Flag

Zoom Video Communications Inc. (ZM) shares are trading at lower $487.66 and the avg recommendation for the stock is Moderate Buy, while the current...