News coverage about Renewable Energy Group (NASDAQ:REGI) has been trending somewhat positive on Thursday, according to Accern. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Renewable Energy Group earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned headlines about the oil and gas company an impact score of 45.6108107258394 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Here are some of the headlines that may have effected Accern Sentiment’s rankings:

Shares of Renewable Energy Group (NASDAQ REGI) traded down 0.41% on Thursday, reaching $12.05. 147,015 shares of the company’s stock were exchanged. Renewable Energy Group has a one year low of $7.91 and a one year high of $13.39. The firm’s market capitalization is $466.20 million. The firm has a 50 day moving average of $12.03 and a 200 day moving average of $10.97.

Renewable Energy Group (NASDAQ:REGI) last announced its earnings results on Thursday, August 3rd. The oil and gas company reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of $0.07 by $0.13. The business had revenue of $535.10 million during the quarter, compared to analyst estimates of $531.88 million. Renewable Energy Group had a negative net margin of 0.36% and a positive return on equity of 6.20%. The business’s revenue was down 4.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.18 earnings per share. On average, equities research analysts predict that Renewable Energy Group will post ($1.56) EPS for the current year.

A number of research analysts have issued reports on the stock. Zacks Investment Research upgraded shares of Renewable Energy Group from a “sell” rating to a “hold” rating in a research note on Wednesday. BidaskClub upgraded shares of Renewable Energy Group from a “sell” rating to a “hold” rating in a research note on Saturday, August 26th. Piper Jaffray Companies set a $13.00 price target on shares of Renewable Energy Group and gave the company a “hold” rating in a research note on Wednesday, August 23rd. Roth Capital set a $17.00 price target on shares of Renewable Energy Group and gave the company a “buy” rating in a research note on Wednesday, August 23rd. Finally, ValuEngine lowered shares of Renewable Energy Group from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, August 8th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Renewable Energy Group has an average rating of “Buy” and an average target price of $15.00.

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In other news, major shareholder Carlson Capital L. P sold 65,000 shares of Renewable Energy Group stock in a transaction on Monday, June 26th. The shares were sold at an average price of $12.83, for a total value of $833,950.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 2.28% of the company’s stock.

Renewable Energy Group Company Profile

Renewable Energy Group, Inc is focused on providing cleaner, lower carbon intensity products and services. The Company is a producer of biomass-based diesel in North America. Its segments include Biomass-based diesel, Services, Renewable Chemicals and Corporate and other activities. It is involved in various activities related to biomass-based diesel production, from acquiring feedstock, managing construction and operating biomass-based diesel production facilities to marketing, selling and distributing biomass-based diesel and its co-products.

Insider Buying and Selling by Quarter for Renewable Energy Group (NASDAQ:REGI)

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