LanzaTech Global (NASDAQ:LNZA) Given Sell (E+) Rating at Weiss Ratings

Key Points

• LanzaTech Global's stock has been given a "sell (E+)" rating by Weiss Ratings, indicating a negative assessment of the company's performance.
• Wall Street Zen has downgraded LanzaTech from a "hold" rating to a "strong sell," reflecting increasing skepticism among analysts.
• The company's current market cap is approximately $69.28 million, with a P/E ratio of -0.56 and a significant disparity between its 52-week low of $14.01 and high of $274.00.

LanzaTech Global (NASDAQ:LNZA - Get Free Report)'s stock had its "sell (e+)" rating reaffirmed by stock analysts at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen cut shares of LanzaTech Global from a "hold" rating to a "strong sell" rating in a research note on Friday, August 22nd. Three investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, LanzaTech Global presently has an average rating of "Reduce" and a consensus target price of $200.00.

LanzaTech Global Stock Performance

Shares of NASDAQ LNZA opened at $29.86 on Wednesday. The company has a market cap of $69.28 million and a P/E ratio of -0.56. The firm's fifty day moving average is $25.91 and its two-hundred day moving average is $26.66. LanzaTech Global has a 52-week low of $14.01 and a 52-week high of $274.00.

Institutional Investors Weigh In On LanzaTech Global

Several institutional investors have recently made changes to their positions in LNZA. Jane Street Group LLC bought a new stake in shares of LanzaTech Global in the 2nd quarter worth about $230,000. Marshall Wace LLP bought a new stake in shares of LanzaTech Global in the 2nd quarter worth about $82,000. Nuveen LLC bought a new stake in shares of LanzaTech Global in the 1st quarter worth about $49,000. SBI Securities Co. Ltd. lifted its holdings in shares of LanzaTech Global by 16,556.3% in the 1st quarter. SBI Securities Co. Ltd. now owns 170,394 shares of the company's stock worth $41,000 after acquiring an additional 169,371 shares during the last quarter. Finally, AQR Capital Management LLC lifted its holdings in shares of LanzaTech Global by 1,045.1% in the 1st quarter. AQR Capital Management LLC now owns 184,346 shares of the company's stock worth $45,000 after acquiring an additional 168,247 shares during the last quarter. Institutional investors own 17.76% of the company's stock.

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.

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