Aemetis (NASDAQ:AMTX) Shares Cross Below 200 Day Moving Average of $0.98

Aemetis Inc (NASDAQ:AMTX)’s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.98 and traded as low as $0.98. Aemetis shares last traded at $1.00, with a volume of 7,394 shares changing hands.

The company has a 50-day moving average of $1.00 and a 200-day moving average of $0.98.

Aemetis (NASDAQ:AMTX) last released its quarterly earnings results on Thursday, November 14th. The specialty chemicals company reported ($0.31) EPS for the quarter, missing analysts’ consensus estimates of ($0.29) by ($0.02).

An institutional investor recently raised its position in Aemetis stock. Citadel Advisors LLC increased its holdings in Aemetis Inc (NASDAQ:AMTX) by 81.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 50,725 shares of the specialty chemicals company’s stock after acquiring an additional 22,803 shares during the period. Citadel Advisors LLC owned about 0.25% of Aemetis worth $43,000 at the end of the most recent quarter. Institutional investors own 9.26% of the company’s stock.

About Aemetis (NASDAQ:AMTX)

Aemetis, Inc operates as a renewable fuels and bio-chemicals company in North America and India. The company focuses on the acquisition, development, and commercialization of various technologies that replace traditional petroleum-based products through the conversion of ethanol and biodiesel plants into advanced bio refineries.

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