Renewable Energy Group Inc (NASDAQ:REGI) updated its financial guidance for the third quarter of 2012.
Previous guidance for the company for Adjusted EBITDA was a gain of $10 million to $15 million. REGI expects to report gallons of biodiesel sold in a range of 60 to 63 million, versus previous guidance of 55 to 60 million.
Chief Executive Officer and President, Mr. Daniel Oh said that regardless of the vacillations in the markets, company remained positive about the long-term projections for REG and the biodiesel industry.
Renewable Energy Group Inc (NASDAQ:REGI) traded with volume of 822,495.00 shares in last session which was unexpectedly higher versus average trading capacity of 220,111.00 shares. The stock traded with opening bell at $6.04, gained the maximum price level of $6.09 and then finished the day at $5.58 by scoring -21.63%.
REGI remained successful in generating revenue of $983.46 million in the trailing twelve months and made net income of $109.65 million. The Company maintained a positive 11.59% for the net profit margin and in its operating margin it scored 9.38%. Company’s yearly revenue change for the last five years was 35.86%.
The REGI’s price to sales ratio is 0.16 and price to cash ratio is 1.85 for the past 12 months. As far as the returns from the company is concerned, return on assets remained as +23.83%.
The stock showed downbeat performance of -17.46% for the week which was maintained for the month at +4.10%. Likewise the negative performance for the trailing 3 months was recorded as -26.58% while the performance so far in current year remains at -44.75%.
Disclaimer
Fast Moving Stock does not own any shares or plan to get a position(s) in the company(s) anytime soon. Moreover, we have not been compensated for the posting of this article/report/analysis, as this is just an opinion of our writer/contributor. Not recommandation to buy or sell any stocks Read full
