Published on 19 Jul 2024 on Simply Wall St. · via Yahoo Finance
Aemetis, Inc. (NASDAQ:AMTX) shareholders might be concerned after seeing the share price drop 17% in the last quarter. But in stark contrast, the returns over the last half decade have impressed. In fact, the share price is 250% higher today. Generally speaking the long term returns will give you a better idea of business quality than short periods can. Ultimately business performance will determine whether the stock price continues the positive long term trend. Unfortunately not all shareholders will have held it for the long term, so spare a thought for those caught in the 56% decline over the last twelve months.
Since the stock has added US$19m to its market cap in the past week alone, let's see if underlying performance has been driving long-term returns.