LanzaTech Global (NASDAQ:LNZA) Announces Earnings Results

LanzaTech Global (NASDAQ:LNZA) issued its quarterly earnings results on Friday. The company reported ($0.29) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.16), RTT News reports. LanzaTech Global had a negative return on equity of 96.75% and a negative net margin of 143.76%. During the same period last year, the company earned ($0.13) EPS.

LanzaTech Global Trading Down 8.1 %

LNZA stock traded down $0.15 during mid-day trading on Friday, reaching $1.70. The company’s stock had a trading volume of 548,614 shares, compared to its average volume of 436,840. LanzaTech Global has a 12 month low of $1.16 and a 12 month high of $5.73. The company has a current ratio of 4.40, a quick ratio of 4.40 and a debt-to-equity ratio of 0.43. The business’s 50 day moving average price is $1.73 and its 200 day moving average price is $1.94. The company has a market cap of $336.19 million, a price-to-earnings ratio of -3.47 and a beta of 1.58.

LanzaTech Global Company 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.