Pacific Ethanol Inc. is a Pacific Ethanol Inc is a producer and marketer of renewable fuels. It owns and operates several ethanol production facilities distributed across the Western and Midwestern United States.
Pacific Ethanol Inc. (PEIX) had a good day on the market for Friday January 08 as shares jumped 1.47% to close at $6.23. About 5.57 million shares traded hands on 19,748 trades for the day, compared with an average daily volume of n/a shares out of a total float of 72.32 million. After opening the trading day at $6.13, shares of Pacific Ethanol Inc. stayed within a range of $6.42 to $5.88.
With today’s gains, Pacific Ethanol Inc. now has a market cap of $450.56 million. Shares of Pacific Ethanol Inc. have been trading within a range of $11.44 and $0.22 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.
Pacific Ethanol Inc is a producer and marketer of renewable fuels. It owns and operates several ethanol production facilities distributed across the Western and Midwestern United States. The company operates across two segments: production and marketing. Its production segment includes the production and sale of ethanol and co-products, such as corn oil, distillers grains, and corn gluten meal. Its marketing segment includes the marketing, distribution, and trading of ethanol. The majority of companywide revenue comes from the production and sale of ethanol, with co-products accounting for a smaller portion. Pacific Ethanol’s customers are mainly integrated oil companies and gasoline marketers that blend ethanol into their gasoline.
Pacific Ethanol Inc. is based out of Sacramento, CA and has some 500 employees. Its CEO is Michael D. Kandris.