Why Rentech (RTK) Stock Is Up On Tuesday

NEW YORK (TheStreet) -- Shares of Rentech Inc. (RTK) are higher by 2.55% to $2.21 on Tuesday after the company announced an increase in revenue to $84.8 million for the 2014 first quarter, compared to $59.6 million from the prior year's quarter.

The clean energy solutions provider said adjusted EBITDA was up $0.3 million to $6.0 million for the most recent quarter.

The company reported a net loss of -$7 million, or 3 cents per share, compared to a net loss of -$5.2 million, or 2 cents per share for the 2013 first quarter.

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TheStreet Ratings team rates RENTECH INC as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:

"We rate RENTECH INC (RTK) a HOLD. The primary factors that have impacted our rating are mixed some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, compelling growth in net income and notable return on equity. However, as a counter to these strengths, we also find weaknesses including poor profit margins, weak operating cash flow and generally higher debt management risk."

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