ALTO - Alto Ingredients: Near Term Pressure Still Overshadows Long Term Potential
2024-04-15 09:05:35 ET
Summary
- Formerly Pacific Ethanol, Alto Ingredients is the largest producer of specialty alcohol in the US.
- Share performance has been lackluster, with the stock trading around $2 after reaching a high of $5.
- The CCS project presents a potential long-term catalyst for the stock, but there are uncertainties and risks involved.
Formerly Pacific Ethanol, Alto Ingredients ( ALTO ) is a US-based company that produces specialty alcohol and essential ingredients with applications across various sectors, such as food and beverage, industrials, pharmaceutical, and renewable fuels. As of FY 2023, ALTO claims itself as the largest producer of specialty alcohol in the US....
Alto Ingredients: Near Term Pressure Still Overshadows Long Term Potential