LanzaTech Global (NASDAQ:LNZA – Get Free Report) released its earnings results on Monday. The company reported ($0.10) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.11) by $0.01, Zacks reports. LanzaTech Global had a negative net margin of 223.03% and a negative return on equity of 180.10%.
LanzaTech Global Price Performance
LNZA opened at $0.24 on Monday. The company has a quick ratio of 2.91, a current ratio of 2.91 and a debt-to-equity ratio of 6.64. LanzaTech Global has a 52-week low of $0.14 and a 52-week high of $3.26. The company has a 50 day moving average of $0.27 and a two-hundred day moving average of $0.86. The company has a market cap of $47.50 million, a P/E ratio of -0.37 and a beta of 1.69.
Institutional Investors Weigh In On LanzaTech Global
A hedge fund recently raised its stake in LanzaTech Global stock. AQR Capital Management LLC grew its holdings in shares of LanzaTech Global, Inc. (NASDAQ:LNZA – Free Report) by 1,045.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 184,346 shares of the company’s stock after buying an additional 168,247 shares during the quarter. AQR Capital Management LLC owned 0.09% of LanzaTech Global worth $45,000 at the end of the most recent quarter. Institutional investors own 17.76% of the company’s stock.
Analysts Set New Price Targets
View Our Latest Stock Report 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. It is also developing biocatalysts and processes to produce a suite of additional products utilizing novel biocatalysts, including acetone and isopropanol (IPA) and industrial solvents used in various applications, including production of polymers from IPA.
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