Leading to The Bullish Side: Equinox Gold Corp. (EQX) and Aemetis Inc. (AMTX)

The stock of Equinox Gold Corp. (EQX) increased by 0.78% to finish the standard trading session at $12.88. During that period, a total of 741456 shares were traded, and this stock’s average trading volume is currently 1.63M shares per day. Important things to pay attention to when considering a stock’s current and future price are the 52-week high and low price points. Shares of Equinox Gold Corp. (EQX) are currently -5.72% below their 52-week high mark and 178.19% higher than the 52-week low mark.

Institutional investors and hedge funds hold 22.12% of this public company’s common stock.

Turning now to this publicly-traded company’s past performance, we will explore different moving trends for EQX. This stock gained 10.46% during the last week and rose 2.47% over the last one-month period. Shares of this organization’s stock rose 15.00% throughout the last quarter. Within the last six months, the stock has increased 69.92%, with a full-year gain of 132.07%. At the time of writing, this stock’s year-to-date (YTD) price performance is now positive at 67.27%.

Out of a total of 10 brokerages that are currently covering Equinox Gold Corp. (EQX) stock, the average recommendation is “Buy” according to WSJ. 1 equities research analyst has rated the stock with a “Overweight” recommendation, 8 analysts have given this stock a “Buy” recommendation, 1 analysts have recommended that investors “Hold” this stock, and 0 analysts have given this stock a “Sell” rating and 0 suggested “Underweight”. Analysts’ average 1-year price target, among all the brokerages, is $16.52.

Shares of Aemetis Inc. (AMTX) managed to reach a high of $3.55 and dropped down to a low of $3.23, before this stock settled at $3.46 at the end of the latest trading session. This organization’s stock has been displaying bullish momentum. Its Average True Range, or ATR, has fallen consistently after each of the most recent 14 trading sessions. Stock traders typically look at the ATR when they want to focus on technical analysis. At the time of writing, the 14-day ATR for Aemetis Inc. (AMTX) is sitting at 0.34. Aemetis Inc. currently has a 52-week low of $0.37 with a 52-week high of $3.90. This organization has a quick ratio of 0.20, and a current ratio of 0.30. This public company has a market cap of $74.11 million, a beta of 0.56.

Aemetis Inc. (AMTX) most recently publicly disclosed its earnings results on August 13, 2020. The organization posted $0.1 earnings per share (EPS) during the three-month period, which was $0.41 higher than the consensus estimate of -$0.31. The company experienced a positive return on equity of 14.70% and a negative net margin of -11.60%. Aemetis Inc. reported revenue of $196.80M during the last year. During the year-ago, the company reported -$1.12 EPS. Analysts forecast that Aemetis Inc. will report EPS of -$0.05 for the current fiscal year.

Stock traders are taking a renewed look at shares of Aemetis Inc.. This stock’s current 14-day RSI is standing at 61.50%, with a 9-day RSI of 60.61%, and a 20-day RSI of 61.47%. The RSI, which stands for Relative Strength Index, is a widely-used oscillating indicator trusted by investors and traders alike. The RSI works within a range-bound space with values on a scale from 0 to 100. When the RSI line rises, the shares may be showing strength. The contrary is the case when the RSI line starts to fall. When using the RSI indicator, different time periods may be looked at. When using a shorter time frame, the RSI might be more volatile. A lot of traders keep their focus between the 30 and 70 marks on the RSI scale. A shift higher than 70 is widely-considered to demonstrate that the stock has entered overbought territory. Meanwhile, a drop below 30 indicates that it may be in oversold territory. Traders often use these levels to predict stock price reversals.