Value gained By Gevo Inc. (GEVO) In The Past Week: $2.63

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Gevo Inc. (NASDAQ:GEVO) finished Thursday with a subtraction of -$0.12 to close at $2.35, a downside of -4.86 percent. An average of 11,538,521 shares of common stock have been traded in the last five days. There was a fall of -$0.15 in the past week, and it reached a new high 6 times over the past 12 months. The last 20 days have seen an average of 8,024,665 shares traded, while the 50-day average volume stands at 9,295,786.

GEVO stock has decreased by -25.63% in the last month. The company shares reached their 1-month lowest point of $2.34 on 09/22/22. With the stock rallying to its 52-week high on 03/22/22, shares of the company touched a low of $2.18 and a high of $7.93 in 52 weeks. It has reached a new high 2 times so far this year and lost -45.09% or -$1.93 in price. In spite of this, the price is down -70.37% from the 52-week high.


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Insider Transactions

32 days have passed since Gevo Inc. (GEVO) last reported insider trading activity. Mize Gary W., who is Director, most recently acquired $9,883 shares at $3.08 per share on Aug 22. In this transaction, the insider spent $30,474. VP-General Counsel & Secretary, Williams Geoffrey Thomas Jr., disposed of 18,041 shares at a price of $3.08 on Aug 22. The insider now owns more than $55,629 worth of shares. Prior to that, Chief People Officer Bowron Kimberly T went on to Sale 14,681 shares at $3.08 each on Aug 22. An amount of $45,269 was transacted.

Valuation Metrics

Gevo Inc. (GEVO) stock’s beta is 3.25. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1083.58, the price-to-book (PB) ratio at 0.74.

Financial Health

The quick ratio of Gevo Inc. for the three months ended June 29 was 18.80, and the current ratio was 18.90, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.13 and a total debt to equity ratio of 0.14 for the quarter ending June 29. Its gross profit as reported stood at -$11.45 million compared to revenue of $0.71 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Gevo Inc.’s return on assets was -8.70%.

Earnings Surprise

For the three-month period that ended June 29, Gevo Inc. had $297.63 million in cash and short-term investments compared to $67.09 million in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$13.16 million in the quarter, while revenues of -$15.67 million were shrunk -38.68%. The analyst consensus anticipated Gevo Inc.’s latest quarter earnings to come in at -$0.08 per share, but it turned out to be -$0.06, a 25.00% surprise. For the quarter, EBITDA amounted to -$14.64 million. Shareholders own equity worth $235.17 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Gevo Inc. (GEVO) price momentum. RSI 9-day as of the close on 22 September was 28.32%, suggesting the stock is oversold, with historical volatility in this time frame at 51.53%.

As of today, GEVO’s price is $2.50 -6.00% or -$0.15 from its 5-day moving average. GEVO is currently trading -28.57% lower than its 20-day SMA and -36.66% lower than its 100-day SMA. However, the stock’s current price level is -1.67% below the SMA50 and -54.37% below the SMA200.

The stochastic %K and %D were 7.72% and 14.03%, respectively, and the average true range (ATR) was 0.17. With the 14-day stochastic at 1.64% and the average true range at 0.18, the RSI (14) stands at 33.98%. The stock has reached -0.12 on the 9-day MACD Oscillator while the 14-day reading was at -0.18.

Analyst Ratings

Citigroup launched coverage on Gevo Inc. (NASDAQ: GEVO) in its analyst report released on February 09, 2022. The firm assigned the stock a Buy rating. The consensus rating for Gevo Inc. (GEVO) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell GEVO, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 3 others rate it as a “buy”.

What is GEVO’s price target for the next 12 months?

Analysts predict a range of price targets between $10.00 and $18.00, with a median target of $10.00. Taking a look at these predictions, the average price target given by analysts for Gevo Inc. (GEVO) stock is $12.67.

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