Market Resilience: Gevo Inc (GEVO) Finishes Strong/Weak at 0.711, Down -2.29

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Gevo Inc (NASDAQ: GEVO) closed the day trading at $0.71 down -2.29% from the previous closing price of $0.73. In other words, the price has decreased by -$2.29 from its previous closing price. On the day, 2.78 million shares were traded. GEVO stock price reached its highest trading level at $0.7446 during the session, while it also had its lowest trading level at $0.6902.

Ratios:

For a better understanding of GEVO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 12.62 and its Current Ratio is at 12.80. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.13.

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:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GEVO now has a Market Capitalization of 168245136 and an Enterprise Value of -36944128. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.82 while its Price-to-Book (P/B) ratio in mrq is 0.31. Its current Enterprise Value per Revenue stands at -2.157 whereas that against EBITDA is 0.566.

Stock Price History:

The Beta on a monthly basis for GEVO is 2.91, which has changed by -0.40833336 over the last 52 weeks, in comparison to a change of 0.2644323 over the same period for the S&P500. Over the past 52 weeks, GEVO has reached a high of $1.86, while it has fallen to a 52-week low of $0.57. The 50-Day Moving Average of the stock is 2.34%, while the 200-Day Moving Average is calculated to be -31.74%.

Shares Statistics:

Over the past 3-months, GEVO traded about 5.90M shares per day on average, while over the past 10 days, GEVO traded about 4137240 shares per day. A total of 240.50M shares are outstanding, with a floating share count of 226.99M. Insiders hold about 3.91% of the company’s shares, while institutions hold 35.88% stake in the company. Shares short for GEVO as of 1714435200 were 33519490 with a Short Ratio of 5.68, compared to 1711584000 on 31387096. Therefore, it implies a Short% of Shares Outstanding of 33519490 and a Short% of Float of 14.44.

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