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The closing price of LanzaTech Global Inc (NASDAQ: LNZA) was $1.60 for the day, up 17.65% from the previous closing price of $1.36. In other words, the price has increased by $17.65 from its previous closing price. On the day, 2.51 million shares were traded. LNZA stock price reached its highest trading level at $1.6 during the session, while it also had its lowest trading level at $1.32.
Ratios:
Our analysis of LNZA’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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:
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 316451200 and an Enterprise Value of 205421696. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.42 while its Price-to-Book (P/B) ratio in mrq is 23.26. Its current Enterprise Value per Revenue stands at 3.54 whereas that against EBITDA is -2.167.
Stock Price History:
Over the past 52 weeks, LNZA has reached a high of $5.73, while it has fallen to a 52-week low of $0.84. The 50-Day Moving Average of the stock is 15.18%, while the 200-Day Moving Average is calculated to be -18.55%.
Shares Statistics:
LNZA traded an average of 508.38K shares per day over the past three months and 931750 shares per day over the past ten days. 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 31.46% stake in the company. Shares short for LNZA as of 1732838400 were 7246922 with a Short Ratio of 15.25, compared to 1730332800 on 7444402. Therefore, it implies a Short% of Shares Outstanding of 7246922 and a Short% of Float of 6.34.
