Stocks of Gevo Inc (NASDAQ:GEVO) traded higher last session on Wall Street, up 5.11% to $3.29.
GEVO stock price is now 148.36% away from the 50-day moving average and 276.11% away from the 200-day moving average. The market capitalization of the company currently stands at $787.86M.
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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, Bloom Paul D, CCO & CIO sold 16,000 shares of the company’s stock on Oct 17 ’24. The stock was sold for $48,973 at an average price of $3.06. Upon completion of the transaction, the CCO & CIO now directly owns 947,882 shares in the company, valued at $3.12 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 17 ’24, Affiliate Bloom Paul D bought 16,000 shares of the business’s stock. A total of $36,000 was incurred on buying the stock at an average price of $2.25. 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 $3.15. 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 $1.3248 and a two-hundred day moving average price translates $0.8747 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. For the current quarter, analysts expect GEVO to generate $5.39M in revenue.
