Pacific Ethanol Inc (NASDAQ:PEIX) Sentiment Worsened, Because

June 12, 2018 - By Ash

Pacific Ethanol, Inc. (NASDAQ:PEIX) Logo

Sentiment for Pacific Ethanol Inc (NASDAQ:PEIX)

Pacific Ethanol Inc (NASDAQ:PEIX) institutional sentiment decreased to 0.89 in Q1 2018. Its down -0.15, from 1.04 in 2017Q4. The ratio has worsened, as 40 active investment managers started new or increased positions, while 45 sold and decreased their positions in Pacific Ethanol Inc. The active investment managers in our partner’s database now have: 32.74 million shares, down from 33.06 million shares in 2017Q4. Also, the number of active investment managers holding Pacific Ethanol Inc in their top 10 positions was flat from 1 to 1 for the same number . Sold All: 16 Reduced: 29 Increased: 29 New Position: 11.

Pacific Ethanol, Inc. produces and markets low-carbon renewable fuels in the United States. The company has market cap of $124.86 million. The firm operates through two divisions, Production and Marketing. It currently has negative earnings. It produces and markets ethanol; and co-products, such as wet distillers grains, dry distillers grains with solubles, wet and dry corn gluten feed, condensed distillers solubles, corn gluten meal, corn germ, corn oil, distillers yeast, and CO2, as well as markets ethanol produced by third parties.

The stock decreased 1.72% or $0.05 during the last trading session, reaching $2.85. About 656,030 shares traded or 43.93% up from the average. Pacific Ethanol, Inc. (NASDAQ:PEIX) has declined 45.24% since June 12, 2017 and is downtrending. It has underperformed by 57.81% the S&P500.

Analysts await Pacific Ethanol, Inc. (NASDAQ:PEIX) to report earnings on August, 1. They expect $-0.17 earnings per share, up 22.73 % or $0.05 from last year’s $-0.22 per share. After $-0.19 actual earnings per share reported by Pacific Ethanol, Inc. for the previous quarter, Wall Street now forecasts -10.53 % EPS growth.

Candlewood Investment Group Lp holds 24.18% of its portfolio in Pacific Ethanol, Inc. for 1.18 million shares. Foundry Partners Llc owns 1.09 million shares or 0.14% of their US portfolio. Moreover, Hightower Advisors Llc has 0.05% invested in the company for 2.17 million shares. The Texas-based Rr Advisors Llc has invested 0.05% in the stock. Gsa Capital Partners Llp, a United Kingdom-based fund reported 189,900 shares.

Since January 1, 0001, it had 5 insider purchases, and 0 selling transactions for $172,270 activity.

More news for Pacific Ethanol, Inc. (NASDAQ:PEIX) were recently published by: Globenewswire.com, which released: “Pacific Ethanol to Present at the ROTH London Conference” on June 12, 2018. 247Wallst.com‘s article titled: “Short Sellers Mixed on Solar Stocks, but are Betting Against Alt Energy” and published on June 12, 2018 is yet another important article.

Pacific Ethanol, Inc. (NASDAQ:PEIX) Institutional Positions Chart

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