Gevo Inc (GEVO) Stock Closes down -3.74% Friday’s

Gevo Inc (NASDAQ: GEVO) closed the day trading at $0.63 down -3.74% from the previous closing price of $0.65. On the day, 4060808 shares were traded.

Ratios:

For a better understanding of GEVO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.18 and its Current Ratio is at 4.23. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Northland Capital on August 21, 2023, initiated with a Market Perform rating and assigned the stock a target price of $2.

On December 14, 2022, UBS started tracking the stock assigning a Neutral rating and target price of $2.25.

On October 19, 2022, Jefferies started tracking the stock assigning a Hold rating and target price of $2.30.Jefferies initiated its Hold rating on October 19, 2022, with a $2.30 target price.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 26 ’23 when Shafer Andrew sold 24,978 shares for $1.23 per share. The transaction valued at 30,723 led to the insider holds 156,841 shares of the business.

Nurmat Alisher K sold 586 shares of GEVO for $627 on Dec 12 ’23. The VP Accounting and Treasurer now owns 104,919 shares after completing the transaction at $1.07 per share. On Aug 23 ’23, another insider, Gruber Patrick R., who serves as the Chief Executive Officer of the company, sold 171,549 shares for $1.38 each. As a result, the insider received 236,395 and left with 2,963,646 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 8.86 while its Price-to-Book (P/B) ratio in mrq is 0.27.

Stock Price History:

Over the past 52 weeks, GEVO has reached a high of $1.86, while it has fallen to a 52-week low of $0.60.

Shares Statistics:

A total of 240.50M shares are outstanding, with a floating share count of 232.19M. Insiders hold about 3.96% of the company’s shares, while institutions hold 36.89% stake in the company.

Earnings Estimates

Current recommendations for the stock of the company come from Gevo, Inc. analysts. The consensus estimate for the next quarter is $134.00, with high estimates of $7.29 and low estimates of $15.37.

Analysts are recommending an EPS of between $Healthcare and $Industrials for the fiscal current year, implying an average EPS of $Utilities.

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