Quantcast

Amyris (AMRS) Shows Strength: Stock Moves 14.9% Higher


Shutterstock photo

Amyris, Inc. AMRS was a big mover last session, as its shares rose almost 15% on the day. The move came after the company announced that it has made the decision to extend its partnership with a global nutraceuticals market leader. This led to far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of 40 cents to 56 cents in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Amyris currently carries a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

AMYRIS INC Price

AMYRIS INC Price | AMYRIS INC Quote

A better-ranked stock in the biofuels space is Rentech, Inc. RTK , which sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here.

Is AMRS going up? Or down? Predict to see what others think: Up or Down

Confidential from Zacks

Beyond this Tale of the Tape, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

RENTECH INC (RTK): Free Stock Analysis Report

AMYRIS INC (AMRS): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

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



This article appears in: Investing , Investing Ideas , Stocks
Referenced Symbols: AMRS



More from Zacks.com

Subscribe






Zacks.com
Contributor:

Zacks.com

Equity Research










Research Brokers before you trade

Want to trade FX?