In yesterday’s Wall Street session, Gevo Inc (NASDAQ:GEVO) shares traded at $1.64, up 3.14% from the previous session.
GEVO stock price is now -10.49% away from the 50-day moving average and 66.31% away from the 200-day moving average. The market capitalization of the company currently stands at $392.63M.
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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, Shafer Andrew, Chief Cust Mkt & Brnd Officer sold 26,911 shares of the company’s stock on Nov 05 ’24. The stock was sold for $63,661 at an average price of $2.37. Upon completion of the transaction, the Chief Cust Mkt & Brnd Officer now directly owns 332,430 shares in the company, valued at $0.55 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 05 ’24, Officer Shafer Andrew bought 26,911 shares of the business’s stock. A total of $63,779 was incurred on buying the stock at an average price of $2.37. A total of 5.11% 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 $3.39. As of last week, the company has a debt-to-equity ratio of 0.14, a current ratio of 8.25, and a quick ratio of 8.05. The fifty day moving average price for GEVO is $1.8324 and a two-hundred day moving average price translates $0.98605 for the stock.
The latest earnings results from Gevo Inc (NASDAQ: GEVO) was released for 2024-09-30. The net profit margin was -510.04% and return on equity was -14.78% for GEVO. The company reported revenue of $1.97 million for the quarter, compared to $4.53 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -56.6 percent. For the current quarter, analysts expect GEVO to generate $3.38M in revenue.
