Alto Ingredients Inc (ALTO): PEIX placed on watch as COVID-19 play!...

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sweet crude

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Wednesday, 10/28/2020 9:06:08 AM

Wednesday, October 28, 2020 9:06:08 AM

PEIX placed on watch as COVID-19 play!

Alcohol Sanitizers and COVID-19

In case you haven’t been paying attention to the market COVID-19 cases are surging again as we head into the fall/winter season. This has resulted in new and pending lockdowns in Spain, France, Germany, Italy, UK, and Ireland.

In a note to subscribers, Ludlow Research placed PEIX on its watch list stating, “With coronavirus cases spiking to record highs in the US we could start to see targeted shutdowns in select areas the US, especially as hospitals reach full capacity. This could draw investor interest towards PEIX as supplier of alcohol for sanitizers and healthcare market, along with their improved revenue outlook.

H.C. Wainwright raised its price target on PEIX to $16

https://tradermadness.com/alcohol-for-sanitizers-places-pacific-ethanol-on-watch-as-covid-19-surges-1028/

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