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Key Stock Data
The current last sale of $1.03 is 35.51% Higher than the 52 week low.
|Intraday||Last 52 Weeks|
|High:||$ 1.0629||$ 3.95|
|Low:||$ 1||$ 0.7601|
Company Description (as filed with the SEC)
We and the ethanol industry as a whole experienced significant adverse conditions throughout most of 2018 as a result of industry-wide record low ethanol prices due to reduced demand and high industry inventory levels. These factors resulted in prolonged negative operating margins, significantly lower cash flow from operations and substantial net losses. In response to these adverse conditions, we have initiated and expect to complete over the next six months a strategic realignment of our business. Our primary focus is the potential sale of certain production assets, a reduction of our debt levels, a strengthening of our cash and liquidity, and opportunities for strategic partnerships and capital raising activities, positioning us to optimize our business performance. We believe we have excellent production assets with values well in excess of our near term liquidity needs. ... More ...
Nasdaq Official Price
Mar. 26, 2019
Mar. 25, 2019