Pacific Ethanol Inc (NASDAQ:PEIX) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 17, 2016
Having a price of $6.97, Pacific Ethanol Inc (NASDAQ:PEIX) traded 0.94% lower on the day. The last stock close is up 14.75% relative to the 200-day moving average, compared with the S&P 500 which has decreased -0.01% over the date range. PEIX has logged a 50-day moving average of $6.65 and 200-day average of $5.49. 768,908 shares of Pacific Ethanol Inc were exchanged, up from ann avg. trading volume of 661,991
Zacks Investment Research has downgraded Pacific Ethanol Inc(NASDAQ:PEIX) to Hold in a statement released Thursday August 18 2016.
Previously on 5/24/2016, Rodman & Reshaw released a statement for Pacific Ethanol Inc(NASDAQ:PEIX) bumped the target price from $0.00 to $11.00 that indicated a possible upside of 1.27%.
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With a market cap of $0.0, Pacific Ethanol Inc has a P/E of 0 with a 52 week low of $2.41 and a one-year high of $7.64.
General Information About Pacific Ethanol Inc (NASDAQ:PEIX)
Pacific Ethanol, Inc. is a producer and marketer of low-carbon renewable fuels in the United States. The Company’s segments include a production segment and a marketing segment. It owns and operates over eight ethanol production facilities at which it produces ethanol and co-products. It produces ethanol co-products, including wet distiller’s grains, dry distillers’ grains with soluble, wet and dry corn gluten feed, condensed distillers solubles, corn gluten meal, corn germ, corn oil, distillers yeast and carbon dioxide. It markets distiller’s grains and other feed co-products to dairies and feedlots in various cases located near its ethanol plants. 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, and or the Pacific Ethanol Central plants. Its plants have ethanol production capacity of over 515 million gallons per year.
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