The stock of Gevo Inc (NASDAQ:GEVO) last traded at $1.79, down -2.72% from the previous session.
GEVO stock price is now 79.77% away from the 50-day moving average and 117.90% away from the 200-day moving average. The market capitalization of the company currently stands at $428.65M.
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With the price target of $2, Northland Capital recently initiated with Market Perform rating for Gevo Inc (NASDAQ: GEVO). On December 14, 2022, UBS recently initiated its ‘Neutral’ rating on the stock quoting a target price of $2.25, while ‘Jefferies’ rates the stock as ‘Hold’
In other news, Bowron Kimberly T, Chief People Officer sold 16,383 shares of the company’s stock on Aug 22 ’24. The stock was sold for $12,408 at an average price of $0.76. Upon completion of the transaction, the Chief People Officer now directly owns 405,268 shares in the company, valued at $0.73 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 22 ’24, CCO & CIO Bloom Paul D sold 60,303 shares of the business’s stock. A total of $45,673 was realized by selling the stock at an average price of $0.76. This leaves the insider owning 953,882 shares of the company worth $1.71 million. A total of 5.13% of the company’s stock is owned by insiders.
During the past 12 months, Gevo Inc has had a low of $0.48 and a high of $1.92. As of last week, the company has a debt-to-equity ratio of 0.14, a current ratio of 10.22, and a quick ratio of 10.09. The fifty day moving average price for GEVO is $0.9958 and a two-hundred day moving average price translates $0.82145 for the stock.
The latest earnings results from Gevo Inc (NASDAQ: GEVO) was released for 2024-06-30. The net profit margin was -407.97% and return on equity was -13.39% for GEVO. The company reported revenue of $5.26 million for the quarter, compared to $4.24 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 24.12 percent.
