Pacific Ethanol Inc. (PEIX) was among the biggest gainers on the Russell 2000 for Wednesday December 23 as the stock popped 5.73% to $4.80, representing a gain of $0.26 per share. Some 608,473 shares traded hands on 2,689 trades, compared with an average daily volume of 969,474 shares out of a total float of 42.52 million. The stock opened at $4.61 and traded with an intraday range of $4.87 to $4.59.
After today's gains, Pacific Ethanol Inc. reached a market cap of $204.09 million. Pacific Ethanol Inc. has had a trading range between $13.70 and $3.74 over the last year, and it had a 50-day SMA of $5.02 and a 200-day SMA of $8.40.
The stock has a P/E Ratio of 454.
Pacific Ethanol Inc is engaged in producing and marketing low-carbon renewable fuels in the Western United States. It also sells ethanol co-products, including wet distillers grain, a nutritious animal feed, and corn oil.
Pacific Ethanol Inc. is based out of Sacramento, CA and has some 180 employees. Its CEO is Neil M. Koehler.
For a complete fundamental analysis analysis of Pacific Ethanol Inc., check out Equities.com’s Stock Valuation Analysis report for PEIX. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.
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