Boston, MA 05/15/2014 (wallstreetpr) – Rentech, Inc. (NASDAQ:RTK) is a leading name in the field of wood fiber processing, fertilizer production, and energy technologies. The company has been successful in today’s time because it can provide solutions of those problems that everyone faces in routine life, but no one has time to think about these problems. It is the main reason that the stocks of this company are able to outperform the market continuously.
Some of the main reasons of the excellent performance in the stock market are as follow:
• Rentech, Inc. (NASDAQ:RTK) announced the financial results of Q1 of year 2014 recently. As per the news the company posted Q1 revenues of $84.8 million, which are significantly more than what the company posted at the same time in the previous year. Please note that the company posted $59.6 million revenues in the Q1 of year 2013.
• As soon as the company announced the financial results, the shares of the company went higher by 2.55% in a single day.
• According to the spokesperson of the company, the adjusted EBITDA of the company was $6.0 million in the Q1 of the current year. It was increased by $0.3 million over a period.
• Rentech, Inc. (NASDAQ:RTK)’s net loss has significantly changed over a period of 12 months. In the Q1 of the current year, the company posted a net loss of -$7 million. In terms of per share basis, the company’s net loss was amounted to 3 cents per share. While at the same time in the previous year, the company posted a loss of -$5.2 million. In terms of per share basis, this loss was 2 cents per share.
So these are some of the most important reasons because of which the stocks of Rentech, Inc. (NASDAQ:RTK) have shown good performance in the recent past. The company still has a lot of opportunities to improve in many areas, and market experts think that coming few months will be very good for the company.
