Aemetis (NASDAQ:AMTX) received a $2.00 target price from stock analysts at B. Riley in a report issued on Friday, March 16th. The firm currently has a “hold” rating on the specialty chemicals company’s stock. B. Riley’s target price suggests a potential upside of 37.93% from the company’s current price.
AMTX has been the topic of several other reports. Ascendiant Capital Markets began coverage on Aemetis in a report on Tuesday, March 6th. They set a “buy” rating and a $2.00 target price on the stock. Zacks Investment Research downgraded Aemetis from a “hold” rating to a “sell” rating in a research report on Tuesday, February 13th.
Shares of NASDAQ:AMTX traded down $0.16 during midday trading on Friday, hitting $1.45. 124,396 shares of the stock were exchanged, compared to its average volume of 2,729,400. Aemetis has a 52-week low of $0.45 and a 52-week high of $3.12. The company has a current ratio of 0.37, a quick ratio of 0.20 and a debt-to-equity ratio of -1.87. The firm has a market cap of $29.32, a price-to-earnings ratio of -1.63 and a beta of -0.67.
An institutional investor recently bought a new position in Aemetis stock. Atlantic Trust Group LLC bought a new position in shares of Aemetis Inc (NASDAQ:AMTX) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 1,468,507 shares of the specialty chemicals company’s stock, valued at approximately $1,278,000. Atlantic Trust Group LLC owned approximately 7.41% of Aemetis as of its most recent SEC filing. 16.20% of the stock is owned by institutional investors.
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Aemetis Company Profile
Aemetis, Inc operates as an international renewable fuels and bio-chemicals company in North America and India. It focuses on the production of advanced 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 advanced bio refineries.
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