Amyris, Inc. (AMRS) Reaches $4.64 After 9.00% Down Move; W R Berkley (WRB) Shorts Raised By 9.64%

January 13, 2018 - By Vivian Park

The stock of Amyris, Inc. (NASDAQ:AMRS) is a huge mover today! The stock decreased 2.73% or $0.13 during the last trading session, reaching $4.64. About 503,503 shares traded or 87.14% up from the average. Amyris, Inc. (NASDAQ:AMRS) has declined 47.38% since January 13, 2017 and is downtrending. It has underperformed by 64.08% the S&P500.The move comes after 5 months negative chart setup for the $199.68 million company. It was reported on Jan, 13 by Barchart.com. We have $4.22 PT which if reached, will make NASDAQ:AMRS worth $17.97M less.

W R Berkley Corporation (NYSE:WRB) had an increase of 9.64% in short interest. WRB’s SI was 4.72M shares in January as released by FINRA. Its up 9.64% from 4.31 million shares previously. With 454,900 avg volume, 10 days are for W R Berkley Corporation (NYSE:WRB)’s short sellers to cover WRB’s short positions. The SI to W R Berkley Corporation’s float is 4.48%. The stock increased 1.21% or $0.83 during the last trading session, reaching $69.44. About 419,387 shares traded. W. R. Berkley Corporation (NYSE:WRB) has risen 22.62% since January 13, 2017 and is uptrending. It has outperformed by 5.92% the S&P500.

Amyris, Inc. provides various alternatives to a range of petroleum-sourced products worldwide. The company has market cap of $199.68 million. The firm uses its industrial bioscience technology to design microbes primarily yeast, as well as to convert plant-sourced sugars into renewable ingredients. It currently has negative earnings. It produces and sells Biofene that converts to squalane, which is used as an emollient in cosmetics and other personal care products; and natural oils and aroma chemicals for the flavors and fragrances market.

Analysts await Amyris, Inc. (NASDAQ:AMRS) to report earnings on March, 1. They expect $0.11 earnings per share, up 107.33% or $1.61 from last year’s $-1.5 per share. AMRS’s profit will be $4.73 million for 10.55 P/E if the $0.11 EPS becomes a reality. After $-1.14 actual earnings per share reported by Amyris, Inc. for the previous quarter, Wall Street now forecasts -109.65% EPS growth.

Among 3 analysts covering Amyris Inc (NASDAQ:AMRS), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Amyris Inc had 11 analyst reports since November 10, 2015 according to SRatingsIntel. The stock has “Hold” rating by Cowen & Co on Friday, October 20. The firm has “Buy” rating given on Wednesday, November 29 by H.C. Wainwright. The firm earned “Buy” rating on Tuesday, September 26 by H.C. Wainwright. On Monday, September 18 the stock rating was maintained by Cowen & Co with “Hold”. The stock has “Buy” rating by H.C. Wainwright on Friday, August 11. The stock of Amyris, Inc. (NASDAQ:AMRS) earned “Market Perform” rating by Cowen & Co on Thursday, March 10. Rodman & Renshaw initiated Amyris, Inc. (NASDAQ:AMRS) rating on Tuesday, November 10. Rodman & Renshaw has “Buy” rating and $4 target. The company was initiated on Tuesday, November 10 by H.C. Wainwright. Cowen & Co maintained Amyris, Inc. (NASDAQ:AMRS) rating on Wednesday, August 16. Cowen & Co has “Hold” rating and $3.5 target. The firm has “Buy” rating given on Wednesday, June 7 by H.C. Wainwright.

Among 10 analysts covering W.R. Berkley (NYSE:WRB), 1 have Buy rating, 1 Sell and 8 Hold. Therefore 10% are positive. W.R. Berkley had 21 analyst reports since July 28, 2015 according to SRatingsIntel. Deutsche Bank maintained W. R. Berkley Corporation (NYSE:WRB) on Wednesday, October 25 with “Hold” rating. The stock has “Sector Perform” rating by RBC Capital Markets on Tuesday, July 28. Morgan Stanley upgraded the stock to “Equal-Weight” rating in Thursday, January 21 report. As per Thursday, July 6, the company rating was maintained by Keefe Bruyette & Woods. As per Monday, December 4, the company rating was maintained by Keefe Bruyette & Woods. The stock has “Hold” rating by RBC Capital Markets on Monday, July 10. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Friday, September 1 report. Bank of America maintained the stock with “Neutral” rating in Wednesday, October 25 report. As per Tuesday, October 13, the company rating was maintained by Compass Point. The rating was maintained by RBC Capital Markets on Monday, October 2 with “Hold”.

W. R. Berkley Corporation, an insurance holding company, operates as commercial lines writer in the United States and internationally. The company has market cap of $8.46 billion. It operates through two divisions, Insurance and Reinsurance. It has a 16.42 P/E ratio. The Insurance segment underwrites insurance business, including premises operations, commercial automobile, property, products liability, and professional liability lines.

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