Renewable Energy Group Inc (NASDAQ:REGI) fell 4.3% during trading on Monday . The company traded as low as $8.87 and last traded at $8.89, with a volume of 173,370 shares changing hands. The stock had previously closed at $9.29.

A number of brokerages recently commented on REGI. Canaccord Genuity restated a “hold” rating on shares of Renewable Energy Group in a research report on Tuesday, May 31st. Zacks Investment Research downgraded shares of Renewable Energy Group from a “strong-buy” rating to a “sell” rating in a research report on Wednesday, May 4th. Finally, Roth Capital restated a “buy” rating on shares of Renewable Energy Group in a research report on Wednesday, May 4th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $10.67.

The stock’s 50 day moving average price is $9.11 and its 200-day moving average price is $8.82. The company’s market capitalization is $331.48 million.

Renewable Energy Group (NASDAQ:REGI) last announced its quarterly earnings data on Thursday, August 4th. The company reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.28 by $0.12. The company had revenue of $558 million for the quarter, compared to analyst estimates of $417.78 million. During the same period in the previous year, the company posted ($0.05) earnings per share. The firm’s revenue was up 49.3% on a year-over-year basis. Analysts anticipate that Renewable Energy Group Inc will post $1.25 earnings per share for the current year.

In other Renewable Energy Group news, Director Peter John Martin Harding acquired 5,000 shares of the stock in a transaction that occurred on Wednesday, August 17th. The stock was acquired at an average price of $9.07 per share, with a total value of $45,350.00. Following the transaction, the director now directly owns 49,271 shares in the company, valued at $446,887.97. The acquisition was disclosed in a document filed with the SEC, which is available through this link.

Renewable Energy Group, Inc is focused on providing cleaner, lower carbon intensity products and services while also providing conventional products and services. The Company is a producer of biomass-based diesel in the United States. Its segments include Biomass-based diesel, Services, Renewable Chemicals and Corporate and other activities.

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