Pacific Ethanol Trending Higher (PEIX)

Posted in pre-market 
January 25th, 2010

Pacific Ethanol, Inc. (NASDAQ: PEIX) is trading higher this morning after continued news on Friday calling for improving conditions for ethanol producers.  At 8:34 AM EST we have shares up 7% at $2.17 on almost 27,000 shares.  The 52-week trading range is $0.20 to $2.75 and average volume is 3.6 million shares.

Ethanol stocks have tended to move with sentiment and with trading momentum rather than on any new fresh or breaking news.


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