Aemetis Inc (AMTX) stock forecast: Can it reach its 52-week high of $7.03

A share price of Aemetis Inc [AMTX] is currently trading at $2.81, up 5.24%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AMTX shares have gain 14.69% over the last week, with a monthly amount drifted -17.60%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Aemetis Inc [NASDAQ: AMTX] stock has seen the most recent analyst activity on August 16, 2023, when UBS upgraded its rating to a Buy and also boosted its price target to $10.50 from $2.50. Previously, Piper Sandler started tracking the stock with Underweight rating on February 28, 2023, and set its price target to $3. On December 14, 2022, UBS initiated with a Neutral rating and assigned a price target of $4.25 on the stock. Truist downgraded its rating to a Hold but stick to its price target of $12 on August 09, 2022. Evercore ISI started tracking with a Outperform rating for this stock on July 15, 2021, and assigned it a price target of $25. In a note dated March 22, 2021, Credit Suisse initiated an Outperform rating and provided a target price of $35 on this stock.

Aemetis Inc experienced fluctuations in its stock price throughout the past year between $2.10 and $7.03. Currently, Wall Street analysts expect the stock to reach $3.88 within the next 12 months. Aemetis Inc [NASDAQ: AMTX] shares were valued at $2.81 at the most recent close of the market. An investor can expect a potential return of 38.08% based on the average AMTX price forecast.

Analyzing the AMTX fundamentals

Trailing Twelve Months sales for Aemetis Inc [NASDAQ:AMTX] were 278.65M which represents 47.55% growth. Gross Profit Margin for this corporation currently stands at -0.0% with Operating Profit Margin at -0.15%, Pretax Profit Margin comes in at -0.36%, and Net Profit Margin reading is -0.17%. To continue investigating profitability, this company’s Return on Assets is posted at -0.21, Equity is 0.21 and Total Capital is -0.36. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -1.73.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.68 points at the first support level, and at 2.54 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.92, and for the 2nd resistance point, it is at 3.02.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Aemetis Inc [NASDAQ:AMTX] is 0.20. As well, the Quick Ratio is 0.11, while the Cash Ratio is 0.01. Considering the valuation of this stock, the price to sales ratio is 0.48.

Transactions by insiders

Recent insider trading involved BLOCK JOHN R, Director, that happened on May 23 ’24 when 51580.0 shares were sold. Director, Boness Naomi Louise completed a deal on Sep 12 ’23 to sell 15000.0 shares.

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