Aemetis (NASDAQ:AMTX) Share Price Passes Below Fifty Day Moving Average of $1.05

Aemetis Inc (NASDAQ:AMTX)’s stock price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $1.05 and traded as low as $0.86. Aemetis shares last traded at $0.90, with a volume of 19,776 shares changing hands.

The firm’s 50-day moving average price is $1.05.

Aemetis (NASDAQ:AMTX) last announced its quarterly earnings data on Thursday, May 9th. The specialty chemicals company reported ($0.48) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.32) by ($0.16). The company had revenue of $41.89 million for the quarter.

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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