LanzaTech Global, Inc. (NASDAQ:LNZAW – Get Free Report)’s share price passed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $0.01 and traded as low as $0.0083. LanzaTech Global shares last traded at $0.0098, with a volume of 1,100 shares.
LanzaTech Global Trading Down 10.9%
The stock’s 50-day moving average is $0.01 and its 200-day moving average is $0.01.
LanzaTech Global Company Profile
LanzaTech Global, Inc is a carbon recycling company that develops technologies for converting waste carbon into useful products. Through its gas fermentation platform, the company uses proprietary microorganisms to transform carbon monoxide, carbon dioxide and other carbon-rich gases from industrial sources, solid waste and biomass into chemicals and fuels.
LanzaTech’s technology is designed to support the production of sustainable aviation fuel, ethanol, sustainable raw materials and other chemicals that can be used in products such as plastics, fabrics and packaging.
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