Gevo Inc. (NASDAQ:GEVO) saw an upside of 1.27% to close Monday at $1.59 after adding $0.02 on the day. The 5-day average trading volume is 3,712,620 shares of the company’s common stock. It has gained $1.7000 in the past week and touched a new high 1 time within the past 5 days. An average of 3,954,610 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 5,587,144.
GEVO’s 1-month performance is 1.27% or $0.0200 on its low of $1.5200 reached on 08/02/23. The company’s shares have touched a 52-week low of $1.01 and high of $3.73, with the stock’s rally to the 52-week high happening on 02/03/23. YTD, GEVO has lost -16.32% or -$0.3100 and has reached a new high 9 times. However, the current price is down -57.37% from the 52-week high price.
Insider Transactions
GEVO stock investors last saw insider trading activity on Jul 28.Gruber Patrick R. (Chief Executive Officer) most recently sold 104,488 shares at $1.65 per share on Jul 28. This transaction cost the insider $172,280. Chief Commercial Officer, Cesarek Timothy J, sold 37,207 shares at a price of $1.64 on Jul 28. Then, on Jul 28, President & COO Ryan Christopher Michael sold 36,551 shares at a price of $1.65 per share. This transaction amounted to $60,265.
Valuation Metrics
GEVO stock has a beta of 3.09. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 76.40 while the price-to-book (PB) in the most recent quarter is 0.64.
Gevo Inc.’s quick ratio for the period ended March 30 was 14.90, with the current ratio over the same period at 15.10. As well, the company’s long term debt to equity for the quarter ending March 30 was 0.11, while the total debt to equity was 0.11. The trailing 12-month EBITDA margin is -5919.23%. The firm’s gross profit as reported stood at -$7.52 million against revenue of $1.18 million.
Earnings Surprise
For the quarterly period ending March 30 this year, Gevo Inc.’s cash and short-term investments amounted to $32.9 million against total debt of $69.74 million. Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 11.07% to -$17.62 million, while revenue of -$25.39 million was -44.1% off the previous quarter. Analysts expected GEVO to announce -$0.05 per share in earnings in its latest quarter, but it posted -$0.07, representing a -40.00% surprise. EBITDA for the quarter stood at more than -$16.4 million. GEVO stock balance sheet for the quarter ending March 30 shows that total liabilities totaled 95.23 million, with total debt at $69.74 million. Shareholders hold equity totaling $237.25 million.
Let’s look briefly at Gevo Inc. (GEVO) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 07 August was 45.29% to suggest the stock is trending Neutral, with historical volatility in this time period at 50.35%.
The stock’s 5-day moving average is $1.5900, reflecting a -7.56% or -$0.1300 change from its current price. GEVO is currently trading -3.05% above its 20-day SMA, -11.67% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +31.40% and SMA200 by-29.96%.
Stochastic %K and %D was 20.10% and 17.58% and the average true range (ATR) pointed at 0.0998. The RSI (14) points at 48.76%, while the 14-day stochastic is at 25.00% with the period’s ATR at 0.1016. The stock’s 9-day MACD Oscillator is pointing at -0.0411 and -0.0731 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Gevo Inc. (NASDAQ: GEVO), UBS launched coverage with a Neutral rating.
