Aemetis (NASDAQ:AMTX) Earns Buy Rating from HC Wainwright

Aemetis (NASDAQ:AMTX)‘s stock had its “buy” rating reaffirmed by equities research analysts at HC Wainwright in a research note issued on Friday,Benzinga reports. They presently have a $28.00 price target on the specialty chemicals company’s stock.

Separately, StockNews.com upgraded Aemetis to a “sell” rating in a research note on Wednesday, February 5th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $14.56.

Aemetis Stock Performance

Shares of NASDAQ AMTX opened at $1.59 on Friday. Aemetis has a fifty-two week low of $1.56 and a fifty-two week high of $7.03. The company has a market cap of $81.33 million, a price-to-earnings ratio of -0.70 and a beta of 1.48. The business’s 50 day moving average price is $2.23 and its 200-day moving average price is $2.68.

Institutional Trading of Aemetis

A number of large investors have recently modified their holdings of the company. ProShare Advisors LLC bought a new stake in Aemetis during the 4th quarter valued at $27,000. Tower Research Capital LLC TRC raised its holdings in shares of Aemetis by 128.8% in the fourth quarter. Tower Research Capital LLC TRC now owns 10,407 shares of the specialty chemicals company’s stock valued at $28,000 after acquiring an additional 5,859 shares in the last quarter. Voya Investment Management LLC purchased a new stake in Aemetis in the fourth quarter worth about $28,000. Clear Harbor Asset Management LLC purchased a new stake in Aemetis in the fourth quarter worth about $44,000. Finally, Intech Investment Management LLC bought a new position in Aemetis during the 4th quarter worth about $46,000. Hedge funds and other institutional investors own 27.02% of the company’s stock.

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.