LanzaTech Global (NASDAQ:LNZA - Get Free Report) issued its earnings results on Friday. The company reported ($0.29) EPS for the quarter, missing the consensus estimate of ($0.13) by ($0.16), RTT News reports. The firm had revenue of $9.94 million during the quarter, compared to the consensus estimate of $17.87 million. LanzaTech Global had a negative return on equity of 96.75% and a negative net margin of 143.76%. During the same period last year, the business earned ($0.13) earnings per share.
LanzaTech Global Trading Down 8.1 %
LNZA stock traded down $0.15 during midday trading on Friday, reaching $1.70. The stock had a trading volume of 548,614 shares, compared to its average volume of 436,840. The business has a fifty day simple moving average of $1.73 and a two-hundred day simple moving average of $1.94. The company has a quick ratio of 4.40, a current ratio of 4.40 and a debt-to-equity ratio of 0.43. The firm has a market cap of $336.19 million, a price-to-earnings ratio of -3.47 and a beta of 1.58. LanzaTech Global has a twelve month low of $1.16 and a twelve month high of $5.73.
About LanzaTech Global
(
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LanzaTech Global, Inc operates as a nature-based carbon refining company in the United States and internationally. The company transforms waste carbon into the chemical building blocks for consumer goods, such as sustainable fuels, fabrics, and packaging. It is also developing biocatalysts and processes to produce a suite of additional products utilizing novel biocatalysts, including acetone and isopropanol (IPA) and industrial solvents used in various applications, including production of polymers from IPA.
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