Why William C. Martin’s Raging Capital Management Reported Rentech, Inc Position?

October 12, 2017 - By Maria Brooks

 Why William C. Martin's Raging Capital Management Reported Rentech, Inc Position?

The New William C. Martin’s Raging Capital Management Holding in Rentech, Inc

Raging Capital Management reported SC 13D/A form with the SEC for Rentech, Inc. Access it here: 000092189517002415. As reported by William C. Martin’s Raging Capital Management, the filler owns 14.3% or 3,307,857 shares of the Energy–company.

Rentech, Inc stake is new for [reportingPerson]. Date of activity: October 10, 2017. This shows William C. Martin’s Raging Capital Management’s positive view for Rentech, Inc. For a hedge fund managing $631.31 million in assets and having 7+ experts this is interesting position.

The hedge fund is investor in the Energy sector. In the manager’s last 13-F, we saw 9% of William C. Martin’s Raging Capital Management’s portfolio is in the sector.

Business Profile

Rentech, Inc. is a provider of wood fiber processing services, wood chips and wood pellets. The Company’s processing business includes Fulghum Fibres, Inc. (Fulghum), which operates approximately 30 wood chipping mills in the United States and South America. The Company provides wood yard operations services. The Company operates a wood fiber processing business. The Company’s segments include Fulghum Fibres, which involves the operations of Fulghum; Wood Pellets: Industrial, which includes its facilities and wood pellet development activities, and Wood Pellets: New England Wood Pellet, LLC (NEWP), which involves in the operations of NEWP and produces wood pellets for the residential and commercial heating markets in the United States, and it also includes Allegheny Pellet Corporation’s (Allegheny’s) operations.

SEC Form 13D.

William C. Martin’s Raging Capital Management website.

About 1.83 million shares traded or 135.45% up from the average. Rentech, Inc. (NASDAQ:RTK) has declined 81.43% since October 13, 2016 and is downtrending. It has underperformed by 98.13% the S&P500.

Rentech, Inc. is a provider of wood fiber processing services, wood chips and wood pellets. The company has market cap of $4.43 million. The Company’s processing business includes Fulghum Fibres, Inc. , which operates approximately 30 wood chipping mills in the United States and South America. It currently has negative earnings. The Firm provides wood yard activities services.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.