Alto Ingredients Inc. (ALTO) News
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ALTO News Highlights
- For ALTO, its 30 day story count is now at 4.
- Over the past 22 days, the trend for ALTO's stories per day has been choppy and unclear. It has oscillated between 1 and 3.
Latest ALTO News From Around the Web
Below are the latest news stories about Alto Ingredients Inc that investors may wish to consider to help them evaluate ALTO as an investment opportunity.
Alto Ingredients, Inc. Appoints New General Counsel New General Counsel Auste M. Graham SACRAMENTO, Calif., Feb. 15, 2022 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols and essential ingredients, added Auste M. Graham to the senior management team as General Counsel and Corporate Secretary effective February 1, 2022. Graham reports directly to CEO Mike Kandris and succeeds Christopher Wright, who will remain with the company as
Alto Ingredients (ALTO) now expects FY2021 gross profit to exceed $60M vs. prior guidance of a minimum of $40M
SACRAMENTO, Calif., Jan. 24, 2022 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer of specialty alcohols and essential ingredients, updated its full-year 2021 gross profit guidance. The company now expects full-year 2021 gross profit to exceed $60 million. This is an increase from prior guidance of a minimum of $40 million dollars, provided on November 9, 2021, in conjunction with reporting the third quarter 2021 results. Michael Kandris, Alto Ingredients’ president
Alto Ingredients (ALTO) acquires Eagle Alcohol Company for $14M plus an estimated net working capital adjustment of $1.3M, funded from companys cash on hand. Eagle Alcohol Company is
Specialty alcohol company Alto Ingredients Inc. acquired a company in its distribution chain for $14 million, with the potential for that price to double if goals are met over five years.
- Downstream integration expected to increase margins, reduce volatility, and create access to new markets -- Acquisition expected to be immediately accretive and grow Adjusted EBITDA by $7 million to $9 million annually in 2023 and beyond -- Closing purchase price funded with cash on hand - SACRAMENTO, Calif., Jan. 18, 2022 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer of specialty alcohols and essential ingredients, has acquired Eagle Alcohol Company LLC, a lead
Alto Ingredients Inc. (NASDAQ:ALTO) shares, rose in value on Friday, 12/17/21, with the stock price down by 0.00% to the previous days close as strong demand from buyers drove the stock to $4.76. Actively observing the price movement in the last trading, the stock closed the session at $4.76, falling within a range of $4.64 The Alto Ingredients Inc. (NASDAQ: ALTO) Stock Price: Is It Overvalued? Read More »
Sacramento-based Alto Ingredients Inc. has reopened its Magic Valley, Idaho, ethanol plant that it closed in April 2020 when the pandemic decreased demand for fuel products.
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On track with enhanced-protein project to be completed in mid-2022 On track with enhanced-protein project to be completed in mid-2022