Alto Ingredients, Inc. traded at $4.09 this Tuesday September 8th, increasing $0.05 or 1.24 percent since the previous trading session. Looking back, over the last four weeks, Alto Ingredients gained 3.31 percent. Over the last 12 months, its price rose by 252.59 percent. Looking ahead, we forecast Alto Ingredients, Inc. to be priced at 3.94 by the end of this quarter and at 3.70 in one year, according to Trading Economics global macro models projections and analysts expectations.
Alto Ingredients, Inc., formerly Pacific Ethanol, Inc., is a producer of specialty alcohols and essential ingredients. The Company is focused on products for four markets: Health, Home & Beauty, Food & Beverage, Essential Ingredients and Renewable Fuels. Its subsidiary, Kinergy Marketing LLC, markets all specialty alcohol products for the Company's distilleries as well as fuel grade ethanol for third parties. The Company's subsidiary, Pacific Ag. Products LLC, markets wet and dry distillers’ grains. It operates in seven production distilleries. Three of its distilleries are located in the Midwestern state of Illinois and four of its distilleries are located in the Western states of California and Oregon. The Company offers all the ethanol and co-products produced at its plants as well as ethanol produced by third parties. Its customers include food and beverage companies and consumer products companies.