Trading Day Review: LanzaTech Global Inc (LNZA) Gains Momentum, Closing at 0.26

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The price of LanzaTech Global Inc (NASDAQ: LNZA) closed at $0.26 in the last session, up 8.68% from day before closing price of $0.24. In other words, the price has increased by $8.68 from its previous closing price. On the day, 0.97 million shares were traded. LNZA stock price reached its highest trading level at $0.2634 during the session, while it also had its lowest trading level at $0.2332.

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 2.91 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.

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 52016668 and an Enterprise Value of 55700680. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.90 while its Price-to-Book (P/B) ratio in mrq is 3.82. Its current Enterprise Value per Revenue stands at 0.96 whereas that against EBITDA is -0.588.

Stock Price History:

The Beta on a monthly basis for LNZA is 1.65, which has changed by -0.9140523 over the last 52 weeks, in comparison to a change of 0.07455289 over the same period for the S&P500. Over the past 52 weeks, LNZA has reached a high of $3.26, while it has fallen to a 52-week low of $0.14. The 50-Day Moving Average of the stock is -52.21%, while the 200-Day Moving Average is calculated to be -79.70%.

Shares Statistics:

According to the various share statistics, LNZA traded on average about 2.54M shares per day over the past 3-months and 2281810 shares per day over the past 10 days. A total of 197.78M shares are outstanding, with a floating share count of 159.37M. Insiders hold about 19.42% of the company’s shares, while institutions hold 31.16% stake in the company. Shares short for LNZA as of 1743379200 were 10374500 with a Short Ratio of 4.09, compared to 1740700800 on 10208240. Therefore, it implies a Short% of Shares Outstanding of 10374500 and a Short% of Float of 9.08.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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