Let’s start up with the current stock price of Pacific Ethanol Inc. (PEIX), which is $2.04 to be very precise. The Stock rose vividly during the last session to $2.78 after opening rate of $2.75 while the lowest price it went was recorded $2.11 before closing at $2.35.
Recently in News on July 27, 2020, Pacific Ethanol, Inc. Expands High-Quality Alcohol Production Capacity. Pacific Ethanol, Inc. (NASDAQ: PEIX), a leading producer and marketer of low-carbon renewable fuels and high-quality alcohol products in the United States, today announced that it is expanding its production capacity of USP grade high quality alcohol at its Pekin, Illinois facility by 30 million gallons per year. The new capacity will be online in the fourth quarter of 2020, supplying the growing demand for the company’s USP grade high quality alcohol with existing and new customers. You can read further details here
Pacific Ethanol Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $2.78 on 07/31/20, with the lowest value was $0.22 for the same time period, recorded on 03/17/20.
Pacific Ethanol Inc. (PEIX) full year performance was 297.23%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Pacific Ethanol Inc. shares are logging -26.62% during the 52-week period from high price, and 827.27% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.22 and $2.78.
The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 5305408 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Pacific Ethanol Inc. (PEIX) recorded performance in the market was 261.54%, having the revenues showcasing 632.09% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 130.40M, as it employees total of 500 workers.
Analysts verdict on Pacific Ethanol Inc. (PEIX)
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 0.61, with a change in the price was noted +1.68. In a similar fashion, Pacific Ethanol Inc. posted a movement of +542.03% for the period of last 100 days, recording 1,894,952 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for PEIX is recording 1.16 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.71.
Pacific Ethanol Inc. (PEIX): Technical Analysis
Raw Stochastic average of Pacific Ethanol Inc. in the period of last 50 days is set at 65.47%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 61.54%. In the last 20 days, the company’s Stochastic %K was 73.69% and its Stochastic %D was recorded 81.52%.
Let’s take a glance in the erstwhile performances of Pacific Ethanol Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 261.54%. Additionally, trading for the stock in the period of the last six months notably improved by 262.21%, alongside a boost of 297.23% for the period of the last 12 months. The shares increased approximately by 121.70% in the 7-day charts and went down by 218.86% in the period of the last 30 days. Common stock shares were driven by 632.09% during last recorded quarter.