Amyris (AMRS) Shares are Up 8.43%

Amyris (AMRS) : Traders are bullish on Amyris (AMRS) as it has outperformed the S&P 500 by a wide margin of 10.54% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 7.86%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 8.43% in the last 1 week, and is up 8.3% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 8.94% and the 50-Day Moving Average is 15%.The 200 Day SMA reached 50.62% Amyris, Inc. has dropped 9.22% during the last 3-month period . Year-to-Date the stock performance stands at -71.42%.


Amyris (AMRS) has been rated by 2 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $4 and the lowest price target forecast is $1. The average forecast of all the analysts is $2.63 and the expected standard deviation is $1.94.

Company shares have received an average consensus rating of Hold for the current week Amyris (NASDAQ:AMRS): The stock opened at $0.4375 and touched an intraday high of $0.475 on Friday. During the day, the stock corrected to an intraday low of $0.4353, however, the bulls stepped in and pushed the price higher to close in the green at $0.463 with a gain of 5.28% for the day. The total traded volume for the day was 6,062,717. The stock had closed at $0.463 in the previous trading session.

Amyris, Inc. is a renewable products company. The Company is focused on providing sustainable alternatives to a range of petroleum-sourced products used in consumer care, specialty chemical and transportation fuel markets around the world. The Company developed microbial engineering and screening technologies that modify the way microorganisms process sugars. The Company using its industrial bioscience technology to design microbes, primarily yeast, and use them as living factories in established fermentation processes to convert plant-sourced sugars into renewable hydrocarbons. The Company has focused its commercialization efforts on a renewable hydrocarbon molecule called farnesene (Biofene), which forms the basis for a range of products including emollients, flavors and fragrance oils and diesel fuel.

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