Published On: Wed, Oct 19th, 2016

Broker Changes For Metabolix, Inc. (MBLX)


Recently stock market analysts have updated their consensus ratings on shares of Metabolix, Inc. (MBLX).

Most recent broker ratings

02/09/2016 – Metabolix, Inc. had its “buy” rating reiterated by analysts at Rodman & Renshaw. They now have a USD 3 price target on the stock.

01/15/2015 – Metabolix, Inc. had its “hold” rating reiterated by analysts at Jefferies. They now have a USD 0.5 price target on the stock.

03/31/2014 – Metabolix, Inc. was downgraded to “hold” by analysts at RBC Capital. They now have a USD 1.5 price target on the stock.

03/28/2014 – Metabolix, Inc. was downgraded to “hold” by analysts at Ardour Capital. They now have a USD 1.5 price target on the stock.

Metabolix, Inc. has a 50 day moving average of 0.41 and a 200 day moving average of 0.81. The stock’s market capitalization is 12.56M, it has a 52-week low of 0.26 and a 52-week high of 3.34.

The share price of the company (MBLX) was up +4.88% during the last trading session, with a high of 0.45 and the volume of Metabolix, Inc. shares traded was 54659.

Metabolix, Inc. is an advanced biomaterials company. The Company operates through the business of developing and commercializing technologies for the production of polymers and chemicals in microbes and plants segment. The Company is focused on delivering solutions to the plastics industry. The Company has its operations in the microbial genetics, fermentation process engineering, chemical engineering, polymer science, plant genetics and botanical science. The Company is focused on a family of biopolymers found in nature called polyhydroxyalkanoates (PHAs), which occur naturally in living organisms and are chemically similar to polyesters. The Company is also focusing on applications where the performance, biodegradability, biocontent and other attributes of its PHA biopolymers provide functional advantages, such as biodegradation, required by such applications, including PHA resins for molded articles and films, as well as PHA latex and other PHA coatings for paper and cardboard.