SG Americas Securities LLC Takes $72,000 Position in LanzaTech Global, Inc. (NASDAQ:LNZA)

SG Americas Securities LLC acquired a new position in LanzaTech Global, Inc. (NASDAQ:LNZA) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 37,628 shares of the company’s stock, valued at approximately $72,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. XTX Topco Ltd purchased a new position in shares of LanzaTech Global in the 2nd quarter worth $26,000. Principal Financial Group Inc. bought a new stake in LanzaTech Global during the second quarter worth approximately $28,000. The Manufacturers Life Insurance Company bought a new stake in LanzaTech Global during the second quarter worth approximately $92,000. IQ EQ FUND MANAGEMENT IRELAND Ltd bought a new stake in LanzaTech Global during the second quarter worth approximately $251,000. Finally, Healthcare of Ontario Pension Plan Trust Fund lifted its position in LanzaTech Global by 14.4% in the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 207,940 shares of the company’s stock worth $644,000 after buying an additional 26,097 shares during the last quarter. 17.76% of the stock is owned by hedge funds and other institutional investors.

LanzaTech Global Stock Up 2.2 %

NASDAQ LNZA opened at $1.89 on Tuesday. The company has a quick ratio of 4.40, a current ratio of 4.40 and a debt-to-equity ratio of 0.43. The company has a fifty day moving average of $1.69 and a two-hundred day moving average of $2.00. The firm has a market capitalization of $373.70 million, a price-to-earnings ratio of -3.86 and a beta of 1.57. LanzaTech Global, Inc. has a 52 week low of $1.16 and a 52 week high of $5.73.

LanzaTech Global (NASDAQ:LNZA) last posted its quarterly earnings data on Thursday, August 8th. The company reported ($0.14) EPS for the quarter, missing the consensus estimate of ($0.12) by ($0.02). The firm had revenue of $17.38 million for the quarter, compared to analysts’ expectations of $14.68 million. LanzaTech Global had a negative return on equity of 96.75% and a negative net margin of 143.76%. During the same period in the previous year, the firm earned ($0.14) earnings per share. On average, analysts predict that LanzaTech Global, Inc. will post -0.46 earnings per share for the current year.

LanzaTech Global Profile

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.