Aemetis’ (AMTX) Buy Rating Reiterated at HC Wainwright

Aemetis (NASDAQ:AMTX)‘s stock had its “buy” rating restated by investment analysts at HC Wainwright in a research note issued on Friday,Benzinga reports. They presently have a $28.00 price target on the specialty chemicals company’s stock.

Separately, StockNews.com upgraded Aemetis to a “sell” rating in a report on Wednesday, February 5th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $14.56.

Aemetis Trading Up 5.7 %

AMTX stock opened at $1.68 on Friday. Aemetis has a one year low of $1.50 and a one year high of $7.03. The firm has a market capitalization of $85.94 million, a PE ratio of -0.74 and a beta of 1.48. The firm has a 50-day moving average of $2.18 and a two-hundred day moving average of $2.67.

Hedge Funds Weigh In On Aemetis

A number of hedge funds have recently added to or reduced their stakes in AMTX. Jane Street Group LLC boosted its position in Aemetis by 1,130.0% during the fourth quarter. Jane Street Group LLC now owns 374,016 shares of the specialty chemicals company’s stock worth $1,006,000 after purchasing an additional 343,609 shares during the period. State Street Corp lifted its position in Aemetis by 36.1% in the third quarter. State Street Corp now owns 699,089 shares of the specialty chemicals company’s stock worth $1,608,000 after purchasing an additional 185,304 shares during the period. JPMorgan Chase & Co. lifted its position in Aemetis by 515.9% in the fourth quarter. JPMorgan Chase & Co. now owns 120,716 shares of the specialty chemicals company’s stock worth $325,000 after purchasing an additional 101,116 shares during the period. Susquehanna Fundamental Investments LLC acquired a new position in Aemetis during the fourth quarter worth $227,000. Finally, Wellington Management Group LLP acquired a new position in Aemetis during the third quarter worth $177,000. Institutional investors and hedge funds own 27.02% of the company’s stock.

About Aemetis

Aemetis, Inc operates as a renewable natural gas and renewable fuels company. It operates through three segments: California Ethanol, California Dairy Renewable Natural Gas, and India Biodiesel. The company focuses on the operation, acquisition, development, and commercialization of technologies to produce low and negative carbon intensity renewable fuels that replace fossil-based products.