LanzaTech Global (LNZA) to Release Quarterly Earnings on Wednesday

LanzaTech Global (NASDAQ:LNZA) will likely be announcing its earnings results before the market opens on Wednesday, February 26th. Analysts expect the company to announce earnings of ($0.09) per share and revenue of $23.55 million for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

LanzaTech Global Stock Performance

LanzaTech Global stock opened at $0.86 on Tuesday. The business has a 50 day moving average price of $1.22 and a two-hundred day moving average price of $1.41. The company has a quick ratio of 2.91, a current ratio of 2.91 and a debt-to-equity ratio of 6.64. The stock has a market cap of $170.28 million, a price-to-earnings ratio of -1.32 and a beta of 1.30. LanzaTech Global has a 12 month low of $0.66 and a 12 month high of $3.54.

Wall Street Analyst Weigh In

Separately, TD Cowen reduced their price target on LanzaTech Global from $3.00 to $2.00 and set a “hold” rating on the stock in a research report on Monday, November 11th.

LanzaTech Global Company Profile

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.