In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of LanzaTech Global Inc (NASDAQ: LNZA) closed at $0.42 in the last session, up 2.87% from day before closing price of $0.41. In other words, the price has increased by $2.87 from its previous closing price. On the day, 1.27 million shares were traded. LNZA stock price reached its highest trading level at $0.472 during the session, while it also had its lowest trading level at $0.36.
Ratios:
We take a closer look at LNZA’s different ratios to gain a better understanding of the stock. 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 98074800 and an Enterprise Value of 141580800. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.01. Its current Enterprise Value per Revenue stands at 2.899 whereas that against EBITDA is -1.299.
Stock Price History:
The Beta on a monthly basis for LNZA is 1.80, which has changed by -0.7420732 over the last 52 weeks, in comparison to a change of 0.16821623 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 39.95%, while the 200-Day Moving Average is calculated to be -46.74%.
Shares Statistics:
According to the various share statistics, LNZA traded on average about 2.65M shares per day over the past 3-months and 4325510 shares per day over the past 10 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 26.07% stake in the company. Shares short for LNZA as of 1752537600 were 3617804 with a Short Ratio of 1.36, compared to 1749772800 on 8876289. Therefore, it implies a Short% of Shares Outstanding of 3617804 and a Short% of Float of 3.7900000000000005.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0