Shares of Aemetis Inc (NASDAQ:AMTX) traded today at $23.68, eclipsing its 52-week high. Approximately 7.5 million shares have changed hands today, as compared to an average 30-day volume of 4.4 million shares.
In the past 52 weeks, Aemetis Inc share prices are bracketed by a low of $0.48 and a high of $23.68 and is now at $21.50, 4,361% above that low price.
Potential upside of 9.9% exists for Aemetis Inc, based on a current level of $21.50 and analysts’ average consensus price target of $23.62.
Aemetis Inc is an international renewable fuel and biochemicals company focused on the production of renewable fuels and chemicals through the acquisition, development and commercialization of technologies that replace traditional petroleum-based products through the conversion of first-generation ethanol and biodiesel plants into advanced biorefineries. It owns and operates an approximately 65 million gallon per year ethanol production facility located in Keyes, California. In addition to low carbon renewable fuel ethanol, the Keyes Plant produces Wet Distillers Grains, Distillers Corn Oil, and Condensed Distillers Solubles, all of which are sold to local dairies and feedlots as animal feed. It operates in the reportable geographic segments of North America and India.
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