Pacific Ethanol Director Larry D. Layne Sells 2,915 Shares (PEIX)
Pacific Ethanol (NASDAQ:PEIX) Director Larry D. Layne unloaded 2,915 shares of the company’s stock in a transaction that occurred on Tuesday, June 10th. The shares were sold at an average price of $13.87, for a total transaction of $40,431.05. Following the sale, the director now directly owns 12,721 shares of the company’s stock, valued at approximately $176,440. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Pacific Ethanol (NASDAQ:PEIX) traded up 1.01% during mid-day trading on Thursday, hitting $13.98. 160,105 shares of the company’s stock traded hands. Pacific Ethanol has a 52 week low of $2.33 and a 52 week high of $18.65. The stock has a 50-day moving average of $13.04 and a 200-day moving average of $10.30. The company’s market cap is $281.6 million.
Pacific Ethanol (NASDAQ:PEIX) last released its earnings data on Wednesday, April 30th. The company reported ($0.69) earnings per share for the quarter, missing the analysts’ consensus estimate of $3.30 by $3.99. The company had revenue of $254.50 million for the quarter, compared to the consensus estimate of $225.50 million. Analysts expect that Pacific Ethanol will post $2.60 EPS for the current fiscal year.
Pacific Ethanol, Inc is a marketer and producer of low carbon renewable fuels in the Western United States.
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