Pacific Ethanol Inc. (NASDAQ:PEIX) went up by 5.13% during the previous trading session, and it is maintaining the win ahead of Thursday’s trading session. The share price of the Oil & Gas Refining & Marketing giant went up by $0.77 to trade ended Thursday trading at $0.74. This is up from the $0.737 price recorded on Wednesday’s trading session. Thanks to this latest performance, PEIX is closer to the higher price 52-week target of $3.00 and further from the lowest price target of $2.00. Its performance from the start of the year has also been positive, with PEIX up by 19.20% year-to-date.
Pacific Ethanol Inc. (PEIX) started the day trading at $0.7499 and recorded an intraday high of $0.8. It also recorded an intraday low of $0.73 during Thursday’s trading session. Pacific Ethanol Inc. is a very active stock that recorded a trading volume that is less than -266.05% of the average daily trading volume on Thursday. The stock’s trading volume on Thursday was 439835, which is less than -266.05 of the total average daily trading volume of 1.61 million.
Pacific Ethanol Inc. (NASDAQ:PEIX) 2020 Performance Impressive
The increase in PEIX’s stock price on Thursday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of PEIX currently stands at $1.00, which is higher than the current trading price of the stock by 23.0%. However, PEIX’s current trading price is -250.0% lower than the 52-week low price of $0.22. In terms of trading volume, Pacific Ethanol Inc. currently experienced healthy participation during the last trading session. 439835 shares of Pacific Ethanol Inc. were traded on the stock exchange on Thursday, which is less than -266.05% of the 1.61 million average trading volume of the stock.
The performance of the stock has been positive over the past year. PEIX’s performance over the past one year has seen it surge by 1.91%, while the stock has gone down by -4.75% in the last six months. The quarterly performance of PEIX currently stands at 223.10%, and it is down by -15.77% in the last month. The only positive figure was from the weekly performance, which currently reads 10.69%. At the time of writing PEIX’s report, the company has a total market cap of $46.25M, making it one of the largest publicly-traded companies in the world.Pacific Ethanol Inc. also has over 500 employees all over the world.
PEIX Insider Activities
For Pacific Ethanol Inc., insiders hold 25.80% of all company shares. The insider transactions over the past six months are up by 0.50%. During that period, insiders bought 20,765 shares in 7 transactions. In that same period, insiders sold 184,556 of their shares in 7 transactions. After these transactions, insiders at Pacific Ethanol Inc. now hold 3.98M shares, which is over 31.49% of the total company stocks. Institutional investors currently hold a large chunk of the PEIX shares, as they control 7.18% of the company’s total stock.
PEIX Fundamental Analysis
For Pacific Ethanol Inc., the stock’s diluted earnings per share (EPS) stands at -2.07. In the coming year, analysts expect the EPS to be -0.71. The EPS growth will up over the next five years to 20.00% after plunging by -33.40% in the previous five years. In terms of revenue, Pacific Ethanol Inc.’s quarterly sales (YOY) is shrinking at -0.20, which is higher than the average annual revenue of -33.40% over the past half a decade.
The Return on Investment (ROI) on Pacific Ethanol Inc.’s stock currently stands at -17.50%, and it has a net profit margin of -7.40%. The operating margin of the company is -6.80%, and its gross margin is -1.50%.
PEIX Analysts Prediction
In November 07, 2018, several analysts reiterated their positions on the Pacific Ethanol Inc. stock and predicted its performance to their investors. The analysts at B. Riley FBR believe PEIX is still a Buy and set the price target between $7 and $5.
At the moment, Pacific Ethanol Inc.’s Total Debt to Equity ratio stands at 1.16, and they have a long-term Debt to Equity ratio of 0.71.
PEIX Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of PEIX currently stands at 2.81%, while the SMA50 is 35.70%. The biggest one is the SMA200, which is currently reading 43.86% ahead of Thursday’s trading session. The Relative Strength Index of this stock is 58.37.