Market Surprised by Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH)

Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH)

Shares of Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH) are up over 28% in mid-day trading after the company announced, after the market closed on Thursday, its latest financial results. With one hour left in the regular trading session, SPWH stock is trading around $4.50 on very heavy volume. SPWH stock has a listed 30-day, daily trading average of 835,500, but by 3PM EST over 10 million shares had traded hands.

Sportsman’s Warehouse Stock Chart:

Sportsman's Warehouse Holdings Inc (NASDAQ:SPWH)
One month stock price chart for SPWH

Last year, Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH) posted a Q2 EPS figure of $0.20. This year the company posted $0.15 EPS but that was above the consensus expectation of $0.13. For Q2 2016, the company posted $189.8 million in revenue and that number was beaten by this year’s Q2 number of $191.5 million which was $0.4 million less than street expectations of $191.9 million.

Headquartered in Midvale, UT, Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH) also provided guidance for Q3 2017. The company said it expects revenue in the range of $220 million to $225 million. Sportsman’s Warehouse expects full-year earnings in the range of $0.60 to $0.66 per share, with revenue ranging from $825 – $835 million. Shares of Sportsman’s Warehouse have a consensus analyst price target of $6.57 and 52-week range of $3.40 – $11.30. Five investment firms follow Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH). Three rate SPWH stock as a “Strong Buy” while two rate the shares as a “Hold”.

Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH), founded in 1986, operates outdoor sporting goods retail stores in the United States. Additionally, it offers private label offerings under the Rustic Ridge, Killik, Vital Impact, Yukon Gold, Lost River, and Sportsman’s Warehouse brand names. As of February 21, 2017, the company operated 77 retail stores in 20 states.

I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.

Don’t miss out! Stay informed on $SPWH and receive breaking news on other hot stocks by signing up for our free newsletter!

About the author: James Marion is a University of Houston student studying Business with a concentration in Finance. James has interned with several investment professionals and hopes to pursue a career as a professional stock analyst after graduation.

MagneGas Corporation (NASDAQ:MNGA) Preliminary Numbers Shock

MagneGas Corporation (NASDAQ:MNGA)

MagneGas Corporation (NASDAQ:MNGA) stock is up over 50% as the trading day approaches lunchtime. Volume in MNGA stock is very heavy. The listed average daily volume is just over 332,000 but by mid-day over 7.2 million shares traded hands. The increased price and volume activity is due to the company’s release of preliminary Q2 financial results.

MagneGas Stock Chart:

MagneGas Corporation (NASDAQ:MNGA)
One month stock price chart for MNGA

MagneGas Corporation (NASDAQ:MNGA), headquartered in Tampa, FL, is a technology Company that counts among its inventions, a patented process that converts liquid waste into hydrogen based fuels. MagneGas Corporation sells MagneGas® to the welding market as a faster, safer, and hotter substitute for acetylene. The company is developing a variety of supplementary uses for MagneGas® fuels by exploiting its high burn temperature for co-combustion of hydrocarbon fuels. It is also selling equipment for the sterilization of bio-contaminated liquid waste (such as pig manure) for several industrial and agricultural markets.

The company’s Q2 2017 preliminary results were reported this morning through a company press release. Preliminary Q2 2017 revenues for MagneGas Corporation (NASDAQ:MNGA) were $966,204 versus $837,257 for the same period last year. According to the company’s press release, the increase was primarily due to an increase in customers and distributors. Preliminary gross profit for the second quarter ending June 30, 2017 increased to $433,547 compared to $364,982 for Q2 2016. Preliminary Q2 2017 operating expenses were $3.1 million, compared to $2.8 million for the same period last year. Preliminary operating expenses for the three months ended June 30, 2017 included a non-cash charge of $1.6 million in stock based compensation.

Ermanno Santilli, Chief Executive Officer of MagneGas Corporation (NASDAQ:MNGA), stated:

We experienced a 50.1% increase in metal cutting fuel revenue in the second quarter of 2017 versus the same period last year. This compares favorably the industry growth rate of just 2-3%. Our growth in this segment is primarily due to the successful expansion into two new markets, which have begun to deliver consistent and scaled revenues for the Company in 2017. We have implemented additional sales and marketing initiatives, which we expect will help further drive our growth going forward. In addition, we are utilizing MagneGas2® as a key introductory product to penetrate large industrial clients. We then look to aggressively expand these relationships where we can profitably cross sell non-proprietary products. As an example of our success, our Sarasota, Florida location, opened in January of this year, is on pace to generate over $1 million in annualized revenue within the coming quarters. We look to replicate this success as we grow our Huntington, Indiana location, followed by additional locations planned in Florida in the coming quarters.”

I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.

Don’t miss out! Stay informed on $MNGA and receive breaking news on other hot stocks by signing up for our free newsletter!

About the author: James Marion is a University of Houston student studying Business with a concentration in Finance. James has interned with several investment professionals and hopes to pursue a career as a professional stock analyst after graduation.

Can AGRITEK HLDGS INC COM USD0.0001 (OTCMKTS:AGTK) Stock Sustain Trend?

AGRITEK HLDGS INC COM USD0.0001 (OTCMKTS:AGTK)

AGRITEK HLDGS INC COM USD0.0001 (OTCMKTS:AGTK) stock has doubled in value this week amongst massive increases in volume. On Monday AGTK stock opened at $0.0108, but by Thursday stock in the cannabis sector company closed at $0.0232. Volume for Monday came in at 1,497,876 but Thursday’s volume was a massive 41,775,908. Most experts believe that four days of gains, combined with exceptionally heavy trading volume, is a confirmation of higher AGTK stock price levels.

AGTK Stock Chart

AGTK Stock
One month stock price chart for AGTK

The legal cannabis industry has likely been, year to date, one of North America’s largest growth sectors in terms of the share prices of the companies involved. AGRITEK HLDGS INC COM USD0.0001 (OTCMKTS:AGTK) operates within the medicinal marijuana space. Agritek itself does not directly grow, harvest, distribute, or sell cannabis or any substances that violate or contravene United States law or the Controlled Substances Act, nor does it intend to do so in the future. Rather Agritek consults to companies that produce medicinal and recreational cannabis. Additionally, the company owns property in Colorado that may be used to grow cannabis. Through formalized partnerships with companies in California and Puerto Rico, Agritek has access manufacturing and processing capabilities. AGRITEK HLDGS INC COM USD0.0001 (OTCMKTS:AGTK) also operates several Hemp and cannabis brands for distribution including MD Vapes, MicroDose Strips, “Hemp Pops” and “California Premiums.”

Yesterday, AGRITEK HLDGS INC COM USD0.0001 (OTCMKTS:AGTK) announced that the company will be featured on the FOX Business News show “NEW TO THE STREET,” this Sunday.   In addition to Agritek Holdings, Inc. (OTCQB:AGTK), the show will also cover Genoil Inc. (OTCQB:GNOLF), Kimberly Parry Organics Corp. (OTCPINK:KPOC), Cannasaver, and DIB Funding Inc.-“DIBCOIN.”  The show’s broadcast is Sunday, August 20, 2017, at 2:00 PM Eastern/11:00 AM Pacific, airing nationwide on the FOX Business Network — reaching 95 million homes.

AGTK stock has a 52-week high of $0.08. National coverage of this stock may tempt speculators to allocate a small portion of their stock portfolio to the fast-rising company. With a market capitalization of just over $12 million, it may not take a lot to challenge its highs.

I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.

Don’t miss out! Stay informed on $AGTK and receive breaking news on other hot stocks by signing up for our free newsletter!

About the author: Steve Clark is a 23-year Wall St professional with stints in M&A, risk management, and algorithm trading. Steve keeps his head in the game by looking for, and writing about, small companies that often get overlooked by the big investment firms.

MGT Capital Investments Inc. (OTCMKTS:MGTI) Making Move

MGT Capital Investments Inc. (OTCMKTS:MGTI)

MGT Capital Investments Inc. (OTCMKTS:MGTI) stock ended yesterday at $1.93 but has gained almost 15% to trade around the $2.20 level in mid-day action. The 30-day daily average volume for MGTI stock is listed at 596,787 but by 1:30PM EST over 2.2 million shares hand exchanged hands.

MGT Stock OTC Chart:

MGT Capital Investments Inc. (OTCMKTS:MGTI)
One month stock price chart for MGTI

Today, MGT Capital Investments Inc. (OTCMKTS:MGTI) announced the deployment of 650 new Bitmain S9 Bitcoin mining rigs. These units will be installed at a new facility located in central Washington state. MGT Capital Investments Inc. (OTCMKTS:MGTI) believes it will take two weeks to complete the installation and achieve full production capacity. With the Washington state facilities, MGT Capital Investments, Inc. (OTC: MGTI) has become one of the largest U.S. based Bitcoin miners and has an eye to continue its growth.

MGT Capital Investments Inc. (OTCMKTS:MGTI) recently passed the “one thousandth mined bitcoin” mark since the company began operations in September 2016. Robert Ladd, Chief Executive Officer of MGT commented, “We are committed to this sector and look forward to updating stockholders on our continuing growth.”

MGT Crypto-Capital Strategies President, Stephen Schaeffer, stated, “With the recent highs of $4,500 per bitcoin, the business of mining is as profitable as ever. I couldn’t be more excited about the timing of my new appointment, and I truly believe we will build MGT into a mining powerhouse in the U. S.”

The development of MGT Capital Investments Inc. (OTCMKTS:MGTI) portfolio of cyber security technologies is led by industry pioneer John McAfee. Mr. McAfee is also developing protection technologies for mobile and personal tech devices, as well as corporate networks. Sentinel is the company’s first product. It is an enterprise class network intrusion detector and is currently in beta testing. Its commercial release is believed to take place in the next 45 days. The Company also has entered into a joint venture with Nordic IT to develop and market a mobile phone with extensive privacy and anti-hacking features. The Privacy Phone has a tentative release date of February 2018.

I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.

Don’t miss out! Stay informed on $MGTI and receive breaking news on other hot stocks by signing up for our free newsletter!

About the author: Steve Clark is a 23-year Wall St professional with stints in M&A, risk management, and algorithm trading. Steve keeps his head in the game by looking for, and writing about, small companies that often get overlooked by the big investment firms.

More Bad News for Stein Mart, Inc. (NASDAQ:SMRT)

Stein Mart, Inc. (NASDAQ:SMRT)

Stein Mart, Inc. (NASDAQ:SMRT) shares are down over 5% in early trading but have rebounded from the day’s lows after the company released their Q2 financial results. Trading volume is moderately heavy. Importantly, there is a large short-selling position which accounts for over 25% of the stock’s float.

Stein Mart, Inc. (NASDAQ:SMRT)
One month stock price chart for SMRT

The drop in shares of Stein Mart, Inc. (NASDAQ:SMRT) was motivated by a reported decrease in total sales of 2.7% while comparable store sales decreased 5.0 %. Those sales resulted in a loss of (-$0.28) per diluted share of $0.28 compared to diluted earnings per share of $0.06 in 2016. Average store inventories were posted at 15 percent lower than at the same time last year.

Headquartered in Jacksonville, Florida, Stein Mart, Inc. (NASDAQ:SMRT) is a national clothing and household product retailer. Stein Mart offer an experience that is more upscale than other discount retailers, with a focus on ease-of-shopping, service and presentation of merchandise by category, brand, style and size. Stein Mart’s target customer is both style conscious and value seeking with above-average household income. Stein Mart operates nearly 300 stores in 31 states.

Stein Mart, Inc. (NASDAQ:SMRT) was trading north of $12 in 2015 but the shares have been in freefall since late 2016. YTD SMRT stock is down over 77% and down over 85% for the year. Shares are receiving support at the $1 level. Sales have marginally improved over the years but have been flat the last two years at $1.36 billion. Meanwhile there was a major drop in earnings per share. In 2015 EPS was $0.60, then for 2016 it was $0.52. Those figures were followed by an EPS of just $0.01 for 2017.

I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.

Don’t miss out! Stay informed on $SMRT and receive breaking news on other hot stocks by signing up for our free newsletter!

About the author: Marc has a degree in economics and a MSc. in Finance. Over his 20-year career, Marc has worked for global investment firms in Europe and the United States as an analyst, fund manager, and consultant.

American Cannabis Company Inc (OTCMKTS:AMMJ) Client Base Expands

American Cannabis Company Inc (OTCMKTS:AMMJ)

American Cannabis Company Inc (OTCMKTS:AMMJ) rallied 10.87% in Wednesday’s trading session as investors reacted to new contract deals that the company has signed in pursuit of revenue opportunities in the cannabis business. The company has inked deals in Arkansas and California as it continues to expand its footprint in the multibillion industry.

Shares of American Cannabis Company Inc (OTCMKTS:AMMJ) have been on an impressive run ever since they tanked to this year’s lows of $0.36 a share in June. The stock is currently trading at the higher end of its $0.67 – $0.82 a share range and faces resistance around $1 a share.

American Cannabis Company Inc (OTCMKTS:AMMJ)
One month stock price chart for AMMJ

American Cannabis Company Inc (OTCMKTS:AMMJ), along with its subsidiaries, provides consulting services and solutions to businesses in the legal cannabis business in the U.S and Canada. Some of the services that the company offers include commercial cannabis business planning, cannabis business license application, and cultivation build out oversight.

The business-to-business consulting solutions provider also owns a portfolio of branded products that include, The Satchel, The Cultivation Cube, and The High-Density Cultivation System.

Consulting Deals

The company is fresh from securing a new client in the fast growing California cannabis industry. The client is in the process of acquiring licenses needed to dispense medical cannabis in the state. American Cannabis Company Inc (OTCMKTS:AMMJ) has been tasked with the responsibility of coming up with complete operational planning activities for a retail location.

The California client has also asked American Cannabis to provide facility staffing solutions, operational workflow procedures and remote operational monitoring systems, pending the approval of the licenses.

“This state, while deeper than most states in its cannabis industry history and tenure, continues to present vast amounts of opportunity within the marketplace. As a company, ACC is actively seeking to align itself with strong clients who have an understanding of what it takes to achieve success,” said CEO, Terry Buffalo.

In addition to the new client in California, the consulting solutions provider has secured a third client in the state of Arkansas. American Cannabis Company Inc (OTCMKTS:AMMJ) will furnish the new client with a robust financial pro-forma modeling while also helping him develop a custom business plan and conceptual design work.

American Cannabis Company Inc. (OTCMKTS:AMMJ) plans to leverage the new deals to secure additional revenue streams through long-term consulting agreements.

I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.

Don’t miss out! Stay informed on $AMMJ and receive breaking news on other hot stocks by signing up for our free newsletter!

About the author: Steve Clark is a 23-year Wall St professional with stints in M&A, risk management, and algorithm trading. Steve keeps his head in the game by looking for, and writing about, small companies that often get overlooked by the big investment firms.

Singlepoint Inc (OTCMKTS:SING) Drops

Singlepoint Inc (OTCMKTS:SING)

Singlepoint Inc (OTCMKTS:SING) stock lost 17.5% today to close at $0.0693 on a volume figure in excess of 46 million. The loss was surprising given the announcement of a publication’s editorial featuring SinglePoint, Inc. (OTCMKTS:SING). The Network News Wire (NNW) publication focused on Singlepoint’s strengthening position in the legal cannabis industry through the acquisition of, or investment in, small to mid-sized cannabis companies. The publication is titled, “Record Bitcoin Gains Indicate High Times Ahead for Cannabis Cryptocurrency,”. The editorial’s content discusses the potential of cryptocurrencies, such as Bitcoin or Ethereum, to serve as a solution for the cannabis sector’s inability to access the traditional banking system.

Singlepoint Inc (OTCMKTS:SING) has grown from a full-service mobile technology provider to a publicly traded holding company. Through diversification into horizontal markets, Singlepoint Inc (OTCMKTS:SING) is building its portfolio by acquiring interests in undervalued subsidiaries, thereby diversifying its potential revenue base. Through its subsidiary company, SingleSeed, the company is providing products and services to the cannabis industry.

While addressing Singlepoint’s cryptocurrency entry, the editorial stated “”SinglePoint’s bitcoin application will be KYC-AML compliant. Customers will be able to sign up for an account online prior to visiting a merchant, or they can do it in seconds right at the point of sale. Similar solutions have been deployed internationally, but SinglePoint is in an early-mover position to bring such technology to the United States. Though still a few months from its beta launch for the solution, SinglePoint is already amassing potential customers through its website.”

I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.

Don’t miss out! Stay informed on $SING and receive breaking news on other hot stocks by signing up for our free newsletter!

About the author: Marc has a degree in economics and a MSc. in Finance. Over his 20-year career, Marc has worked for global investment firms in Europe and the United States as an analyst, fund manager, and consultant.

Cumulus Media Inc (NASDAQ:CMLS) Shares Experience Upside Volatility

Cumulus Media Inc (NASDAQ:CMLS)

Cumulus Media Inc (NASDAQ:CMLS) stock ended the trading day 7.0% higher after the company announced yesterday a profit $5.7 million or $0.19 per share. The normally thinly-traded stock traded at more than four times its average daily volume.

Cumulus Media Stock Chart:

About Cumulus Media Inc.

Cumulus Media Inc (NASDAQ:CMLS), headquartered in Atlanta, GA, owns and operates radio stations in the United States. The company operates under two brands, Radio Station Group and Westwood One. Revenues are generated through the sale of commercial advertising time to local, regional, and national advertisers as well as network advertising. Cumulus creates and broadcasts content through approximately 445 owned-and-operated stations in 90 United States media markets; and approximately 8,200 broadcast radio affiliates and various digital channels.

Cumulus Media Inc. Released Financials

Cumulus Media Inc (NASDAQ:CMLS) reported net revenue of $290.5 million, up 1.2% from Q2 2016. The company reported net income of $5.7 million and Adjusted EBITDA of $67.4 million – up 6.7% from the same period for 2016. For the six months ended June 30, 2017, Cumulus Media posted net revenue of 554.6 million, down 0.2% from the six months ended June 30, 2016. The company had a net loss of $1.7 million and Adjusted EBITDA of $106.1 million which was up 1.0% from the six months ended June 30, 2016.

Mary Berner, President and Chief Executive Officer of Cumulus Media Inc (NASDAQ:CMLS) said, “Our second quarter results provide further evidence of the success of our turnaround strategies as we posted a year-over-year increase in Adjusted EBITDA for the first time in over three years despite what continues to be a tough market environment.”

In early 2014, CMLS shares were trading above $60. However, they have been on a long consistent slide since then. CMLS stock is down over 57% YTD and down almost 85% for the year. Interestingly, as earnings have suffered, sales have been less volatile. In 2014 the company posted a sales figure of $1.26 million, and just two years later the posted sales figure came in at $1.14 million.

I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.

Don’t miss out! Stay informed on $CLMS and receive breaking news on other hot stocks by signing up for our free newsletter!

About the author: Steve Clark is a 23-year Wall St professional with stints in M&A, risk management, and algorithm trading. Steve keeps his head in the game by looking for, and writing about, small companies that often get overlooked by the big investment firms.

Global Arena Holding Inc. (OTCMKTS:GAHC) Powering Higher But For How Long?

Global Arena Holding Inc. (OTCMKTS:GAHC)

Global Arena Holding Inc. (OTCMKTS:GAHC) impressive run in the market continued in Monday’s trading session in line with the rally being experienced in the Bitcoin space. The stock was up by 13.3% to end the day at $0.0357 a share. However, the rally came as a surprise given that the company is fresh from posting a wider than expected net loss for the three months ended June 30, 2017.

Global Arena Stock Chart:

Global Arena Holding Inc. (OTCMKTS:GAHC)
One month stock price chart for GAHC

Global Arena Stock Performance

Shares of Global Arena Holding Inc. (OTCMKTS:GAHC) were one of the biggest gainers in the second quarter after rallying from lows of $0.01 a share to highs of $0.063 a share. The rally came as Bitcoin continued to clock higher highs in line with growing demand for the cryptocurrency. The stock is currently trading in a tight $0.03-$0.05 trading range waiting to see if the momentum is strong enough to push the stock beyond its 52-week high of $0.07 a share.

The fact that the stock rallied even on the company posting wider than expected net loss shows that investors are betting on Global Arena as a Bitcoin play.

Bitcoin Factor

Global Arena Holding Inc. (OTCMKTS:GAHC) operates under two subsidiaries. GAHI Acquisition Corp provides the company with exposure to crypto type business through the application of blockchain technology to various sectors such as tech and finance.

Global Arena Holding Inc. (OTCMKTS:GAHC) also uses blockchain technology to secure voting records through its GES subsidiary. The company has so far managed elections in five continents and in the process processed 3.7 billion votes. It has also started to work on a new voting program that will allow its subsidiary GES to conduct more elections

How long the company will continue to power high in the charts depends on the performance of Bitcoin going forward. The performance of the cryptocurrency should continue having a ripple effect not only to Global Arena Holding Inc. (OTCMKTS:GAHC) but all stocks with exposure to the Blockchain technology.

Separately, Global Arena Holding Inc. (OTCMKTS:GAHC) says it generated a net loss of $5.3 million for the three months ended June 30, 2017, compared to a net loss of $2.7 million for the corresponding period last year. Operating expenses in the quarter doubled to $5.3 million from $2.6 million reported a year earlier. The company reported revenues of $275,300 shares compared to revenues of $322, 502 reported last year.

I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.

Don’t miss out! Stay informed on $GAHC and receive breaking news on other hot stocks by signing up for our free newsletter!

Amyris Inc (NASDAQ:AMRS) Stock Hits New Low

Amyris Inc (NASDAQ:AMRS)

Shares of Amyris Inc (NASDAQ:AMRS) dropped almost 10% during the day’s trading session. The company then released their Q2 financial report after the market close and saw their shares rise 2.5% to end at $2.49. Trading volume was very heavy. AMRS shares have an average trading volume of around 273,000 but over 1.1 million shares traded on Friday.

Amyris Inc (NASDAQ:AMRS)
One month stock price chart for AMRS

Amyris Inc (NASDAQ:AMRS), based in Emeryville, CA, develops alternatives to petroleum-sourced products. Amyris utilizes its proprietary bioscience technology to design microbes, as well as to convert plant-sourced sugars, into renewable ingredients. It produces and sells Biofene that converts to squalene – used as an emollient in cosmetics, natural oils, and aroma chemicals for the flavors and fragrances market. Amyris Inc (NASDAQ:AMRS) also provides renewable solvents, polymers, and lubricants for industrial markets. The company also develops renewable fuels for the mass transit fuels markets. It has a collaboration partnership with Total S.A. to produce and commercialize Biofene-based diesel and jet fuels.

Amyris Stock – by the numbers

Amyris Inc (NASDAQ:AMRS) reported Q2 2017 revenues of $25.7 million, up 168% versus $9.6 million for Q2 2016. Q2 2017 product sales were $12.7 million, up 159% over $4.9 million for the same period in 2016. Net loss attributable to Amyris common stockholders for Q2 2017 was (-$10.3) million, or (-$0.46) per basic and diluted share. Other Q2 income netted $35.8 million.

A new 52-week low, $2.43, was established Friday. AMRS stock has been a poor performer this year. YTD the stock is down over 77%, and down over 58% for the year. Incredibly, AMRS stock has a consensus target price of $15.00. Sales did improve in 2016 to $67.2 million from the 2015 figure of $34.2 million. And the per share loss for 2016 of (-$6.12) was significantly better than 2015’s (-$25.75). However, Amyris stock was tremendously diluted in 2016 as the number of outstanding shares rose from 8.47 million in 2015, to 15.9 million in 2016. Two analysts follow AMRS shares. One rates AMRS stock as a “Strong Buy”, while the other rates the shares a “Hold”.

I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.

Don’t miss out! Stay informed on $AMRS and receive breaking news on other hot stocks by signing up for our free newsletter!

About the author: James Marion is a University of Houston student studying Business with a concentration in Finance. James has interned with several investment professionals and hopes to pursue a career as a professional stock analyst after graduation.