|Bid||6.98 x 1400|
|Ask||7.08 x 1000|
|Day's range||6.13 - 7.24|
|52-week range||0.22 - 7.24|
|Beta (5Y monthly)||3.94|
|PE ratio (TTM)||N/A|
|Earnings date||05 Nov 2020 - 09 Nov 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||12.50|
As of late, it has definitely been a great time to be an investor Pacific Ethanol.
Shares of ethanol producer Pacific Ethanol (NASDAQ: PEIX) leapt out of the gate this morning and were up a strong 15% at 11:15 a.m. EDT. You can almost certainly thank the friendly analysts at H.C. Wainwright for that. This morning, Wainwright issued a new price target for Pacific Ethanol, a money-losing fuel-additives stock that the analyst had previously valued at a tiny $3 a share.
Shares of Pacific Ethanol (NASDAQ: PEIX) were up by as much as 11.1% in early trading Friday, continuing a great week for the stock. Pacific Ethanol's stock has been on an incredible hot streak since investors learned that the company would be surprisingly profitable in 2020. Given the sharp rise in its share price and uncertainty about how long the current demand levels will last, we can expect some volatility from Pacific Ethanol's shares.