Closing Figures: LanzaTech Global Inc (LNZA)’s Negative Finish at 0.82, Down -4.55

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After finishing at $0.86 in the prior trading day, LanzaTech Global Inc (NASDAQ: LNZA) closed at $0.82, down -4.55%. In other words, the price has decreased by -$4.55 from its previous closing price. On the day, 0.84 million shares were traded.

Ratios:

Our goal is to gain a better understanding of LNZA by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.91 and its Current Ratio is at 2.91. In the meantime, Its Debt-to-Equity ratio is 6.65 whereas as Long-Term Debt/Eq ratio is at 6.64.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on May 07, 2024, initiated with a Hold rating and assigned the stock a target price of $3.

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

On December 28, 2023, Janney started tracking the stock assigning a Buy rating and target price of $10.Janney initiated its Buy rating on December 28, 2023, with a $10 target price.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 05 ’24 when Burton Freya sold 50,225 shares for $3.24 per share. The transaction valued at 162,729 led to the insider holds 0 shares of the business.

Burton Freya sold 37,268 shares of LNZA for $117,394 on Mar 04 ’24. The Chief Sustainability Officer now owns 0 shares after completing the transaction at $3.15 per share.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 2.80 while its Price-to-Book (P/B) ratio in mrq is 11.95.

Stock Price History:

Over the past 52 weeks, LNZA has reached a high of $3.54, while it has fallen to a 52-week low of $0.66. The 50-Day Moving Average of the stock is -30.11%, while the 200-Day Moving Average is calculated to be -49.65%.

Shares Statistics:

A total of 197.78M shares are outstanding, with a floating share count of 134.72M. Insiders hold about 31.89% of the company’s shares, while institutions hold 31.18% stake in the company.

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