Market Update: LanzaTech Global Inc (LNZA) Sees Negative Movement, Closing at 0.25

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

In the latest session, LanzaTech Global Inc (NASDAQ: LNZA) closed at $0.25 down -19.25% from its previous closing price of $0.31. In other words, the price has decreased by -$19.25 from its previous closing price. On the day, 15.96 million shares were traded. LNZA stock price reached its highest trading level at $0.3327 during the session, while it also had its lowest trading level at $0.25.

Ratios:

For a deeper understanding of LanzaTech Global Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.17 and its Current Ratio is at 2.17.

On May 07, 2024, TD Cowen started tracking the stock assigning a Hold rating and target price of $3.

On March 15, 2024, Seaport Research Partners started tracking the stock assigning a Buy rating and target price of $5.Seaport Research Partners initiated its Buy rating on March 15, 2024, with a $5 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LNZA now has a Market Capitalization of 57991248 and an Enterprise Value of 101497248. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.19. Its current Enterprise Value per Revenue stands at 2.079 whereas that against EBITDA is -0.931.

Stock Price History:

The Beta on a monthly basis for LNZA is 1.77, which has changed by -0.8611111 over the last 52 weeks, in comparison to a change of 0.12748289 over the same period for the S&P500. Over the past 52 weeks, LNZA has reached a high of $2.74, while it has fallen to a 52-week low of $0.14. The 50-Day Moving Average of the stock is 2.06%, while the 200-Day Moving Average is calculated to be -73.41%.

Shares Statistics:

For the past three months, LNZA has traded an average of 3.15M shares per day and 2626050 over the past ten days. A total of 197.90M shares are outstanding, with a floating share count of 186.92M. Insiders hold about 19.42% of the company’s shares, while institutions hold 26.14% stake in the company. Shares short for LNZA as of 1749772800 were 8876289 with a Short Ratio of 2.82, compared to 1747267200 on 9391841. Therefore, it implies a Short% of Shares Outstanding of 8876289 and a Short% of Float of 9.3.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Earnings Estimates

Investors are eagerly awaiting the insights provided by 1.0 analysts currently analyzing and rating the stock of LanzaTech Global Inc (LNZA).The consensus estimate for the next quarter is -$0.05, with high estimates of -$0.05 and low estimates of -$0.05.

Analysts are recommending an EPS of between -$0.42 and -$0.42 for the fiscal current year, implying an average EPS of -$0.42.

Revenue Estimates

A total of 1 analysts believe the company’s revenue will be $9M this quarter.It ranges from a high estimate of $9M to a low estimate of $9M. As of the current estimate, LanzaTech Global Inc’s year-ago sales were $17.38MFor the next quarter, 1 analysts are estimating revenue of $19.7M. There is a high estimate of $19.7M for the next quarter, whereas the lowest estimate is $19.7M.

A total of 1 analysts have provided revenue estimates for LNZA’s current fiscal year. The highest revenue estimate was $57.8M, while the lowest revenue estimate was $57.8M, resulting in an average revenue estimate of $57.8M. In the same quarter a year ago, actual revenue was $49.59M

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