LanzaTech Global Inc’s recent filing unveils that its Chief Sustainability Officer Burton Freya unloaded Company’s shares for reported $0.16 million on Mar 05 ’24. In the deal valued at $3.24 per share,50,225 shares were sold. As a result of this transaction, Burton Freya now holds 0 shares worth roughly $0.0.
Then, Burton Freya sold 37,268 shares, generating $117,394 in total proceeds. Upon selling the shares at $3.15, the Chief Sustainability Officer now owns 0 shares.
Seaport Research Partners initiated its LanzaTech Global Inc [LNZA] rating to a Buy in a research note published on March 15, 2024; the price target was $5. A number of analysts have revised their coverage, including Janney’s analysts, who began to cover the stock in late December with a ‘”a Buy”‘ rating. ROTH MKM began covering LNZA with “Buy” recommendation on May 12, 2023.
Price Performance Review of LNZA
On Tuesday, LanzaTech Global Inc [NASDAQ:LNZA] saw its stock jump 4.03% to $3.10. Over the last five days, the stock has lost -5.20%. LanzaTech Global Inc shares have fallen nearly -38.37% since the year began. Nevertheless, the stocks have fallen -9.62% over the past one year. While a 52-week high of $8.70 was reached on 01/02/24, a 52-week low of $2.57 was recorded on 03/19/24. SMA at 50 days reached $3.23, while 200 days put it at $4.81. A total of 0.25 million shares were traded, compared to the trading of 0.37 million shares in the previous session.
Levels Of Support And Resistance For LNZA Stock
The 24-hour chart illustrates a support level at 2.96, which if violated will result in even more drops to 2.83. On the upside, there is a resistance level at 3.18. A further resistance level may holdings at 3.27. The Relative Strength Index (RSI) on the 14-day chart is 48.41, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.39%. Stochastics %K at 38.60% indicates the stock is a holding.
