With 0.87 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.58 million shares. The 52-week range on LNZA shows that it touched its highest point at $3.26 and its lowest point at $0.14 during that stretch. It currently has a 1-year price target of $1.50. Beta for the stock currently stands at 1.69.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LNZA was up-trending over the past week, with a rise of 13.09%, but this was up by 23.34% over a month. Three-month performance dropped to -65.93% while six-month performance fell -84.97%. The stock lost -90.88% in the past year, while it has lost -81.02% so far this year.
Float and Shares Shorts:
At present, 194.92 million LNZA shares are outstanding with a float of 159.47 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LNZA since 3 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.54348 being high and -$0.69746 being low. For LNZA, this leads to a yearly average estimate of -$0.625. Based on analyst estimates, the high estimate for the next quarter is -$0.09 and the low estimate is -$0.09. The average estimate for the next quarter is thus -$0.09.
