DALLAS, Nov. 15, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces a stock report featuring Pacific Ethanol Inc. (Nasdaq:PEIX). The report details the company's most recent developments and news, outlines its financial position and market performance, and includes an easy-to-read stock chart.
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In the report, the analyst notes:
"For the third quarter ended September 30, 2011, the Company had net sales of $271.6 million, an all time high. That compared to net sales of $46.0 million in the prior-year period."
"PEIX attributed the increase in net sales to the fact that it did not consolidate the results of the Pacific Ethanol plants in the third quarter of 2010. The increase in total gallons sold was primarily due to continued strength in the Company's marketing business and a 54% increase in average sales price per gallon."
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