Live Price Coverage: Pacific Ethanol Inc Can’t Burn Your Long Portfolio. Has Another Strong Session

Live Price Coverage: Pacific Ethanol Inc Can't Burn Your Long Portfolio. Has Another Strong Session

The stock of Pacific Ethanol Inc (NASDAQ:PEIX) is a huge mover today! About 260,280 shares traded hands. Pacific Ethanol Inc (NASDAQ:PEIX) has risen 54.61% since April 18, 2016 and is uptrending. It has outperformed by 50.18% the S&P500.
The move comes after 9 months positive chart setup for the $336.91 million company. It was reported on Nov, 18 by Barchart.com. We have $14.50 PT which if reached, will make NASDAQ:PEIX worth $336.91M more.

Pacific Ethanol Inc (NASDAQ:PEIX) Ratings Coverage

Out of 3 analysts covering Pacific Ethanol (NASDAQ:PEIX), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Pacific Ethanol has been the topic of 5 analyst reports since October 8, 2015 according to StockzIntelligence Inc. On Tuesday, May 24 the stock rating was initiated by Rodman & Reshaw with “Buy”. The firm has “Buy” rating given on Monday, March 14 by Roth Capital.

According to Zacks Investment Research, “Pacific Ethanol, Inc. is currently in the business of marketing ethanol in the Western United States through Kinergy Marketing, a wholly-owned subsidiary of the Company and the largest West Coast-based marketer of renewable fuels. The Company intends, in the near future, to construct an ethanol production facility at its Madera County, California, site.”

Insitutional Activity: The institutional sentiment increased to 1.68 in Q2 2016. Its up 0.90, from 0.78 in 2016Q1. The ratio improved, as 13 funds sold all Pacific Ethanol Inc shares owned while 28 reduced positions. 10 funds bought stakes while 22 increased positions. They now own 28.35 million shares or 1.70% less from 28.84 million shares in 2016Q1.
Blackrock holds 0% of its portfolio in Pacific Ethanol Inc (NASDAQ:PEIX) for 7,045 shares. Dnb Asset Management As accumulated 0% or 114,912 shares. Qs Investors Ltd accumulated 0% or 103,460 shares. Goldman Sachs, a New York-based fund reported 13,018 shares. Fny Managed Accounts Llc accumulated 51,800 shares or 0% of the stock. Candlewood Investment Grp Lp holds 10.13 million shares or 31.11% of its portfolio. Lsv Asset Management holds 0% of its portfolio in Pacific Ethanol Inc (NASDAQ:PEIX) for 4,100 shares. Invsts Cap Advisory Ser owns 52,327 shares or 0.05% of their US portfolio. Parametric Port Ltd Llc has 0% invested in the company for 479,021 shares. Gilder Gagnon Howe And Ltd Liability Company holds 2,218 shares or 0% of its portfolio. Thomson Horstmann Bryant reported 2.38 million shares or 1.68% of all its holdings. Moreover, Bancshares Of Montreal Can has 0% invested in Pacific Ethanol Inc (NASDAQ:PEIX) for 3,502 shares. Financial Bank owns 13,790 shares or 0% of their US portfolio. Lorem Ipsum Limited Liability Corp has 0.59% invested in the company for 50,000 shares. Blackrock Fund last reported 735,976 shares in the company.

Insider Transactions: Since June 9, 2016, the stock had 0 insider buys, and 3 sales for $404,127 net activity. Shares for $117,827 were sold by Prince John L. Wright Christopher W had sold 31,000 shares worth $185,995. 15,000 shares were sold by Jones William L, worth $100,305 on Wednesday, August 10.

More news for Pacific Ethanol Inc (NASDAQ:PEIX) were recently published by: Bizjournals.com, which released: “Pacific Ethanol’s second-quarter profit rises as sales almost double” on July 27, 2016. Bizjournals.com‘s article titled: “Feds approve high-value fuel from Pacific Ethanol’s Stockton plant” and published on September 13, 2016 is yet another important article.

PEIX Company Profile

Pacific Ethanol, Inc., incorporated on February 28, 2005, is a producer and marketer of low-carbon renewable fuels in the United States. The Company’s divisions include a production segment and a marketing segment. The Firm owns and operates over eight ethanol production facilities. Approximately four of its plants are in the Western states of California, Oregon and Idaho, or the Pacific Ethanol West plants, and over four of its plants are located in the Midwestern states of Illinois and Nebraska, or the Pacific Ethanol Central plants. The Company’s plants have a combined ethanol production capacity of over 515 million gallons per year.

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