Aemetis Inc (NASDAQ:AMTX) shares, rose in value, with the stock price up by 0.51% to the previous day’s close as strong demand from buyers drove the stock to $3.92.
Actively observing the price movement in the last trading, the stock closed the session at $3.90. Referring to stock’s 52-week performance, its high was $8.99, and the low was $1.16. On the whole, AMTX has fluctuated by -28.21% over the past month.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that AMTX’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of AMTX currently trading nearly -17.12% and -3.55% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 43.30, while the 7-day volatility ratio is showing 7.47% which for the 30-day chart, stands at 8.66%. Furthermore, Aemetis Inc (AMTX)’s beta value is 1.15, and its average true range (ATR) is 0.40.
A comparison of Aemetis Inc (AMTX) with its peers suggests the former has fared considerably weaker in the market. AMTX showed an intraday change of 0.51% in last session, and over the past year, it grew by 82.33%%.
Data on historical trading for Aemetis Inc (NASDAQ:AMTX) indicates that the trading volumes over the past 3 months, they’ve averaged 1.27 million. According to company’s latest data on outstanding shares, there are 40.97 million shares outstanding.
Nearly 10.34% of Aemetis Inc’s shares belong to company insiders and institutional investors own 25.02% of the company’s shares. The stock has fallen by -25.19% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AMTX stock heading into the next quarter.
