Aemetis Inc (AMTX) is trading 17% higher at $7.49 today. While embattled energy company has seen wild swings in price over the last week, today things seem to be looking up.
While the energy sector is soaring up about 4% today, AMTX is still outperforming by a margin. It seems someone on wallstreet is bullish about the stock.
Aemetis Inc has been trading between a 52-week high of $23.33 and a 52-week low of $4.45. The stock has a market cap of $259 Million.
Headquartered in Cupertino, California, Aemetis is a renewable natural gas, renewable fuel and bioproducts company focused on the acquisition, development and commercialization of innovative technologies that replace traditional petroleum-based products. Founded in 2006, Aemetis has completed Phase 1 and is expanding a California biogas digester network and pipeline system to convert dairy waste gas into Renewable Natural Gas (RNG). Aemetis owns and operates a 65 million gallon per year ethanol production facility in California's Central Valley near Modesto that supplies about 80 dairies with animal feed.