Aemetis Inc. (AMTX) Posts Earnings Results
Aemetis Inc. (NASDAQ:AMTX) announced its quarterly earnings results on Monday. The company reported ($0.21) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.27) by $0.06.
Aemetis (NASDAQ:AMTX) opened at 1.86 on Tuesday. Aemetis has a 12 month low of $1.01 and a 12 month high of $3.05. The stock’s market cap is $36.94 million. The firm’s 50-day moving average is $1.52 and its 200-day moving average is $1.92.
A number of research analysts recently weighed in on the stock. Zacks Investment Research upgraded shares of Aemetis from a “sell” rating to a “hold” rating in a report on Tuesday, November 8th. FBR & Co reiterated a “hold” rating and issued a $1.75 price target on shares of Aemetis in a research report on Thursday, September 8th.
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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