LanzaTech Global (NASDAQ:LNZA – Get Free Report)‘s stock had its “buy” rating restated by research analysts at Roth Mkm in a research note issued to investors on Tuesday, Benzinga reports. They presently have a $8.00 price objective on the stock. Roth Mkm’s price target would suggest a potential downside of 3.38% from the stock’s current price.
LanzaTech Global Stock Up 0.7 %
LNZA traded up $0.06 during trading on Tuesday, reaching $8.28. 52,532 shares of the company were exchanged, compared to its average volume of 312,504. LanzaTech Global has a 52 week low of $2.63 and a 52 week high of $10.80. The company has a debt-to-equity ratio of 0.03, a current ratio of 6.41 and a quick ratio of 6.41. The firm has a 50 day moving average of $6.67 and a 200 day moving average of $4.97.
LanzaTech Global (NASDAQ:LNZA – Get Free Report) last released its quarterly earnings results on Wednesday, August 9th. The company reported ($0.14) EPS for the quarter, missing the consensus estimate of ($0.13) by ($0.01). The firm had revenue of $12.92 million for the quarter, compared to analyst estimates of $14.50 million. As a group, equities research analysts expect that LanzaTech Global will post -0.56 earnings per share for the current year.
Institutional Investors Weigh In On LanzaTech Global
About LanzaTech Global
LanzaTech Global, Inc operates as a nature-based carbon refining company in the United States and internationally. The company transforms waste carbon into the chemical building blocks for consumer goods, such as sustainable fuels, fabrics, and packaging. LanzaTech Global, Inc was founded in 2005 and is headquartered in Skokie, Illinois.
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