Insider Selling: Terry L. Stone Sells 2,259 Shares of Pacific Ethanol Stock (PEIX)
Pacific Ethanol (NASDAQ:PEIX) Director Terry L. Stone unloaded 2,259 shares of the company’s stock in a transaction that occurred on Monday, June 16th. The shares were sold at an average price of $13.98, for a total value of $31,580.82. Following the transaction, the director now directly owns 23,333 shares in the company, valued at approximately $326,195. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Pacific Ethanol (NASDAQ:PEIX) opened at 14.73 on Wednesday. Pacific Ethanol has a 1-year low of $2.33 and a 1-year high of $18.65. The stock’s 50-day moving average is $12.88 and its 200-day moving average is $10.61. The company’s market cap is $296.7 million.
Pacific Ethanol (NASDAQ:PEIX) last announced its earnings results on Wednesday, April 30th. The company reported ($0.69) earnings per share (EPS) for the quarter, missing the 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. On average, analysts predict that Pacific Ethanol will post $2.60 earnings per share 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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