Aemetis, Inc (NASDAQ:AMTX)’s share price reached a new 52-week low on Monday . The company traded as low as $0.59 and last traded at $0.59, with a volume of 19,564 shares changing hands. The stock had previously closed at $0.62.
A number of equities analysts have recently weighed in on the stock. Zacks Investment Research raised shares of Aemetis from a “sell” rating to a “hold” rating in a research report on Thursday, July 20th. FBR & Co reissued a “neutral” rating and issued a $2.00 price objective on shares of Aemetis in a research report on Saturday, August 19th.
The company’s market capitalization is $16.45 million. The stock’s 50 day moving average price is $0.85 and its 200-day moving average price is $1.15.
An institutional investor recently raised its position in Aemetis stock. Geneva Advisors LLC boosted its holdings in shares of Aemetis, Inc (NASDAQ:AMTX) by 3.4% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,562,431 shares of the specialty chemicals company’s stock after acquiring an additional 50,800 shares during the quarter. Geneva Advisors LLC owned approximately 7.93% of Aemetis worth $2,078,000 at the end of the most recent reporting period. 18.71% of the stock is currently owned by institutional investors and hedge funds.
Aemetis Company Profile
Aemetis, Inc is an international renewable fuels and biochemicals company. The Company is focused on the production of fuels and chemicals through the acquisition, development and commercialization of technologies that replace traditional petroleum-based products by conversion of first-generation ethanol and biodiesel plants into biorefineries.
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