LanzaTech Global (NASDAQ:LNZA - Get Free Report) released its quarterly earnings data on Tuesday. The company reported ($0.14) earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $12.03 million during the quarter. LanzaTech Global had a negative return on equity of 180.10% and a negative net margin of 223.03%.
LanzaTech Global Stock Down 12.7 %
LNZA traded down $0.03 during trading hours on Friday, reaching $0.17. 2,774,902 shares of the stock traded hands, compared to its average volume of 1,172,055. LanzaTech Global has a fifty-two week low of $0.14 and a fifty-two week high of $3.26. The company has a market cap of $34.55 million, a price-to-earnings ratio of -0.27 and a beta of 1.70. The company has a debt-to-equity ratio of 6.64, a current ratio of 2.91 and a quick ratio of 2.91. The firm's fifty day simple moving average is $0.49 and its two-hundred day simple moving average is $1.10.
Analysts Set New Price Targets
Separately, Janney Montgomery Scott lowered LanzaTech Global from a "buy" rating to a "neutral" rating in a research report on Thursday, March 13th.
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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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