NEW YORK (
) -- Shares of
) were gapping up Wednesday morning with an open price 10.8% higher than Tuesday's closing price. The stock closed at $1.20 Tuesday and opened today's trading at $1.33.
The average volume for Rentech has been 1.5 million shares per day over the past 30 days. Rentech has a market cap of $272.5 million and is part of the
industry. Shares are down 1.6% year to date as of the close of trading on Tuesday.
Rentech Inc. provides alternative and clean energy solutions; and manufactures and sells nitrogen fertilizer products.
TheStreet Ratings rates Rentech as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and expanding profit margins. However, as a counter to these strengths, we find that the company has not been very careful in the management of its balance sheet. You can view the full
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