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KiOR Slumps: KIOR Tanks 39.2% in Session

Zacks Equity Research

KiOR, Inc. (KIOR) saw a big move last session, as the company’s shares fell by over 39% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading below the volatile price range of $1.15 to $1.58 in the past one-month time frame.

The renewable fuels company has seen a flat track record when it comes to current year estimate revisions over the past few weeks, and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

KIOR currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Investors interested in the Biofuels industry may consider better-ranked stocks like Green Plains Renewable Energy, Inc. (GPRE) and Rentech, Inc. (RTK). Meanwhile, from the broader energy sector one may consider Canadian Solar Inc. (CSIQ). While Green Plains and Canadian solar sport a Zacks Rank #1 (Strong Buy), Rentech has a Zacks Rank #2 (Buy).

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KIOR CL A (KIOR): Free Stock Analysis Report

GREEN PLAINS RENEWABLE ENERGY IN (GPRE): Free Stock Analysis Report

RENTECH INC (RTK): Free Stock Analysis Report

CANADIAN SOLAR INC (CSIQ): Free Stock Analysis Report


Zacks Investment Research