Aemetis (NASDAQ:AMTX) Given “Buy” Rating at HC Wainwright

HC Wainwright reiterated their buy rating on shares of Aemetis (NASDAQ:AMTX) in a report released on Friday morning,Benzinga reports. The brokerage currently has a $28.00 target price on the specialty chemicals company’s stock.

Separately, StockNews.com raised 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 issued a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, Aemetis presently has an average rating of “Hold” and a consensus price target of $14.56.

Aemetis Stock Performance

NASDAQ:AMTX opened at $1.68 on Friday. The firm has a market cap of $85.94 million, a PE ratio of -0.74 and a beta of 1.48. Aemetis has a fifty-two week low of $1.50 and a fifty-two week high of $7.03. The business has a 50 day moving average price of $2.18 and a 200-day moving average price of $2.67.

Institutional Trading of Aemetis

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AMTX. ProShare Advisors LLC purchased a new stake in Aemetis in the fourth quarter worth $27,000. Tower Research Capital LLC TRC raised its holdings in 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 worth $28,000 after purchasing an additional 5,859 shares in the last quarter. Voya Investment Management LLC bought a new position in Aemetis in the fourth quarter worth $28,000. Clear Harbor Asset Management LLC bought a new position in Aemetis in the fourth quarter worth $44,000. Finally, Intech Investment Management LLC bought a new position in Aemetis in the fourth quarter worth $46,000. Hedge funds and other institutional investors own 27.02% of the company’s stock.

Aemetis Company Profile

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.