Amyris (AMRS) : 2 analysts are covering Amyris (AMRS) and their average rating on the stock is 2, which is read as a Buy. 1 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Amyris (AMRS) : Average target price received by Amyris (AMRS) is $2.63 with an expected standard deviation of $1.94. The most aggressive target on the stock is $4, whereas the most downbeat target is $1. 2 financial analysts are currently covering the stock.
Company shares have received an average consensus rating of Hold for the current week
Amyris (NASDAQ:AMRS): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $0.42 and $0.34 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $0.45. The buying momentum continued till the end and the stock did not give up its gains. It closed at $0.34, notching a gain of 4.70% for the day. The total traded volume was 7,792,882 . The stock had closed at $0.33 on the previous day.
Amyris, Inc. is a renewable products company. The Company is focused on providing sustainable alternatives to a range of petroleum-sourced products used in consumer care, specialty chemical and transportation fuel markets around the world. The Company developed microbial engineering and screening technologies that modify the way microorganisms process sugars. The Company using its industrial bioscience technology to design microbes, primarily yeast, and use them as living factories in established fermentation processes to convert plant-sourced sugars into renewable hydrocarbons. The Company has focused its commercialization efforts on a renewable hydrocarbon molecule called farnesene (Biofene), which forms the basis for a range of products including emollients, flavors and fragrance oils and diesel fuel.