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Amyris (AMRS) Shows Strength: Stock Adds 17.2% in Session

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Amyris, Inc. was a big mover last session, as its shares rose over 17% on the day. The move came after the company achieved record first-quarter product sales for its Biossance brand. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of 44 cents to 53 cents in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Amyris currently carries a Zacks Rank #5 (Strong Sell) while its Earnings ESP is negative.

A better-ranked stock in the Biofuels space is Aemetis, Inc. (AMTX - Free Report) , carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is AMRS going up? Or down? Predict to see what others think: Up or Down

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