How Will Investors Respond to News that Aemetis, Inc. (NASDAQ:AMTX) Awards Stock Option

Renewable Fuels and biochemical company, Aemetis, Inc. (NASDAQ:AMTX), announces that it has awarded a nonqualified stock option for the purchase of 12,000 shares of common stock at an exercise price of $1.63

CUPERTINO, CA / ACCESSWIRE / September 30, 2016 / Aemetis, Inc. (AMTX), On August 18, 2016, a nonqualified stock option for the purchase of 12,000 shares of common stock at an exercise price of $1.63 (the closing price of Aemetis’ common stock on August 18, 2016) was made pursuant to the Aemetis, Inc. Employment Inducement Stock Plan, which was approved by the Governance, Compensation and Nominating Committee of the Board on March 19, 2015. The award vests quarterly over three years and has a maximum term of ten years (subject to earlier termination in connection with termination of service to the company). The award was made to Philip Cherry, Plant Manager, who brings over 30 years of management and renewable fuels experience to the Aemetis team.

About Aemetis

Headquartered in Cupertino, California, Aemetis is an advanced renewable fuels and biochemicals company focused on the acquisition, development and commercialization of innovative technologies that replace traditional petroleum-based products by the conversion of second-generation ethanol and biodiesel plants into advanced biorefineries. Founded in 2006, Aemetis owns and operates a 60 million gallon per year ethanol production facility in California’s Central Valley, near Modesto. Aemetis also owns and operates a 50 million gallon per year renewable chemical and advanced fuel production facility on the East Coast of India producing high quality distilled biodiesel and refined glycerin for customers in India, the US and Europe. Aemetis operates a research and development laboratory at the Maryland Biotech Center, and holds a portfolio of patents and related technology licenses for the production of renewable fuels and biochemicals. For additional information about Aemetis, please visit

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Shares of Aemetis, Inc. (NASDAQ:AMTX) are actively moving +6.67% thus far today on the news and have traded in the range of $1.66 – 1.82 during the session.  A number of research firms have recently weighed in on the stock, providing future price targets. The covering firms currently have a consensus one-year price target of $1.75 on the stock.  This is according to brokerage analysts polled by Thomson Reuters First Call.  This is the average number from the individual targets provided by the firms.  Analysts are projecting earnings per share of $-0.27 for the next fiscal quarter.  For the current year, analysts are predicting earnings of $-1.04 per share according to First Call.

In looking at where the stock is trading on a technical level, the stock is trading +26.49% away from its 50-day moving average of $1.39.  Based on the most recent available data, the equity is -42.30% off of its 52-week high of $3.05 and +74.26% away from its 52-week low which is $1.01.

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Today, the stock opened at $1.69 and the last bid at the time of writing stood at $1.76.  During the session thus far, the equity dipped down to $1.66 and touched $1.82 as the high point.  Aemetis, Inc. (NASDAQ:AMTX) has a market cap of $34.95M and has seen an average daily volume of 49286 over the past three months.

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