Solazyme (SZYM) in Focus: Stock Jumps 7.4% - Analyst Blog

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Solazyme, Inc. ( SZYM ) was a big mover last session, as the company saw its shares increase more than 7% on the day. The move came on the back of solid volume too, as far more shares changed hands than in a normal session. This price movement is a reversal for this bio-fuel company, as the stock moved down roughly 2% in the past one-month time period.

The company has seen 1 positive revision in the past few weeks and its earnings consensus has moved up over the past two months, suggesting there could be more solid trading down the road for SZYM. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

Solazyme currently has a Zacks Rank #3 (Hold) and its Earnings ESP is 0.00%.

Some better performing bio-fuel stocks include Green Plains Renewable Energy, Inc. ( GPRE ), Renewable Energy Group, Inc. ( REGI ) and Rentech, Inc. ( RTK ). While Green Plains carries a Zacks Rank #1 (Strong Buy), Renewable Energy Group and Rentech carry a Zacks Rank #2 (Buy).

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GREEN PLN RENEW (GPRE): Free Stock Analysis Report

RENEWABLE ENERG (REGI): Free Stock Analysis Report

RENTECH INC (RTK): Free Stock Analysis Report

SOLAZYME INC (SZYM): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Business , Stocks

Referenced Stocks: GPRE , REGI , RTK , SZYM

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