LanzaTech Global (LNZA) Expected to Announce Earnings on Monday

LanzaTech Global (NASDAQ:LNZA) is projected to post its quarterly earnings results before the market opens on Monday, March 17th. Analysts expect LanzaTech Global to post earnings of ($0.16) per share and revenue of $23.55 million for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

LanzaTech Global Stock Up 0.8 %

Shares of LNZA stock opened at $0.71 on Monday. 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’s 50-day moving average is $1.11 and its 200-day moving average is $1.37. The stock has a market cap of $139.54 million, a price-to-earnings ratio of -1.09 and a beta of 1.32. LanzaTech Global has a 52-week low of $0.64 and a 52-week high of $3.41.

Analyst Upgrades and Downgrades

Separately, TD Cowen lowered their price target on shares of LanzaTech Global from $3.00 to $2.00 and set a “hold” rating on the stock in a report on Monday, November 11th.

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.