LanzaTech Global (LNZA) to Release Earnings on Monday

LanzaTech Global (NASDAQ:LNZA) will likely be issuing its quarterly earnings data before the market opens on Monday, March 17th. Analysts expect the company to announce earnings of ($0.16) per share and revenue of $23.55 million for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

LanzaTech Global Stock Up 8.5 %

Shares of LNZA opened at $0.54 on Friday. LanzaTech Global has a 52 week low of $0.48 and a 52 week high of $3.41. The company has a debt-to-equity ratio of 6.64, a quick ratio of 2.91 and a current ratio of 2.91. The firm has a market capitalization of $106.95 million, a price-to-earnings ratio of -0.83 and a beta of 1.32. The business’s fifty day moving average price is $1.01 and its two-hundred day moving average price is $1.33.

Analysts Set New Price Targets

Separately, Janney Montgomery Scott lowered LanzaTech Global from a “buy” rating to a “neutral” rating in a research report on Thursday.

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.