Aemetis (AMTX) Expected to Announce Earnings on Thursday

Aemetis (NASDAQ:AMTX - Get Free Report) is anticipated to release its earnings data before the market opens on Thursday, March 6th. Analysts expect Aemetis to post earnings of ($0.46) per share and revenue of $80.59 million for the quarter.

Aemetis Price Performance

Shares of NASDAQ:AMTX traded up $0.03 on Friday, reaching $1.75. 255,366 shares of the company traded hands, compared to its average volume of 846,281. The company's 50 day moving average is $2.33 and its 200-day moving average is $2.72. Aemetis has a fifty-two week low of $1.60 and a fifty-two week high of $7.03. The stock has a market capitalization of $89.26 million, a PE ratio of -0.77 and a beta of 1.48.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on AMTX. StockNews.com upgraded shares of Aemetis to a "sell" rating in a research report on Wednesday, February 5th. HC Wainwright restated a "buy" rating and issued a $28.00 price objective on shares of Aemetis in a research report on Monday, December 23rd. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $14.56.

About Aemetis

Aemetis, Inc operates as a renewable natural gas and renewable fuels company. It operates through three segments: California Ethanol, California Dairy Renewable Natural Gas, and India Biodiesel. The company focuses on the operation, acquisition, development, and commercialization of technologies to produce low and negative carbon intensity renewable fuels that replace fossil-based products.