Aemetis (AMTX) to Release Earnings on Tuesday

Aemetis (NASDAQ:AMTX - Get Free Report) is scheduled to be announcing its earnings results before the market opens on Tuesday, November 12th. Analysts expect the company to announce earnings of ($0.47) per share for the quarter. Persons interested in listening to the company's earnings conference call can do so using this link.

Aemetis Stock Performance

AMTX traded up $0.24 during mid-day trading on Thursday, reaching $3.04. 512,511 shares of the stock were exchanged, compared to its average volume of 783,387. The company has a 50 day moving average price of $2.60 and a two-hundred day moving average price of $3.06. Aemetis has a 1 year low of $2.10 and a 1 year high of $7.03. The stock has a market capitalization of $143.48 million, a PE ratio of -2.63 and a beta of 1.23.

Analyst Ratings Changes

AMTX has been the subject of several analyst reports. UBS Group decreased their price objective on shares of Aemetis from $8.25 to $7.75 and set a "buy" rating for the company in a research note on Monday, August 19th. Ascendiant Capital Markets lowered their price target on shares of Aemetis from $20.00 to $19.00 and set a "buy" rating on the stock in a report on Tuesday, September 3rd. Truist Financial reiterated a "hold" rating and issued a $3.50 price objective (down previously from $4.00) on shares of Aemetis in a research report on Wednesday, July 31st. StockNews.com upgraded shares of Aemetis to a "sell" rating in a research report on Wednesday, July 31st. Finally, HC Wainwright reaffirmed a "buy" rating and set a $28.00 price target on shares of Aemetis in a research note on Friday, August 2nd. One research analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $12.95.

Aemetis Company Profile

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.