Green Plains Inc (NASDAQ:GPRE) saw an upside of 1.89% to close Friday at $31.20 after adding $0.58 on the day. The 5-day average trading volume is 1,175,840 shares of the company’s common stock. It has gained $33.75 in the past week and touched a new high 1 time within the past 5 days. An average of 962,330 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 813,122.
GPRE’s 1-month performance is -1.20% or -$0.95 on its low of $30.36 reached on 09/05/23. The company’s shares have touched a 52-week low of $26.33 and high of $37.49, with the stock’s rally to the 52-week high happening on 02/08/23. YTD, GPRE has achieved 2.30% or $0.70 and has reached a new high 8 times. However, the current price is down -16.78% from the 52-week high price.
Insider Transactions
GPRE stock investors last saw insider trading activity on May 24.Becker Todd A (President and CEO) most recently sold 42,000 shares at $31.78 per share on May 24. This transaction cost the insider $1,334,760. EVP Product Mktg & Innovation, van der Meulen Leslie, sold 2,000 shares at a price of $32.27 on May 24. Then, on May 23, Director Treuer Alain sold 20,000 shares at a price of $32.45 per share. This transaction amounted to $649,000.
Valuation Metrics
GPRE stock has a beta of 1.75. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.52 while the price-to-book (PB) in the most recent quarter is 2.39.
Green Plains Inc’s quick ratio for the period ended June 29 was 1.09, with the current ratio over the same period at 1.59. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.72, while the total debt to equity was 1.07. In terms of profitability, the gross margin trailing 12 months is -2.21%. The trailing 12-month EBITDA margin is 1.83% while for the period ending June 29, Green Plains Inc’s operating margin was -5.68%. The firm’s gross profit as reported stood at $112.68 million against revenue of $3.66 billion.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 188.21% to -$52.6 million, while revenue of -$70.32 million was -33.69% off the previous quarter. Analysts expected GPRE to announce -$0.01 per share in earnings in its latest quarter, but it posted -$0.89, representing a -8,800.00% surprise. EBITDA for the quarter stood at more than -$17.05 million. GPRE stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 1.1 billion, with total debt at $831.12 million. Shareholders hold equity totaling $59.53 million.
Let’s look briefly at Green Plains Inc (GPRE) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 September was 38.90% to suggest the stock is trending Neutral, with historical volatility in this time period at 28.64%.
The stock’s 5-day moving average is $31.48, reflecting a -7.69% or -$2.60 change from its current price. GPRE is currently trading +1.07% above its 20-day SMA, -8.26% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -6.47% and SMA200 by-4.00%.
Stochastic %K and %D was 16.74% and 23.97% and the average true range (ATR) pointed at 1.09. The RSI (14) points at 42.05%, while the 14-day stochastic is at 19.72% with the period’s ATR at 1.06. The stock’s 9-day MACD Oscillator is pointing at -1.52 and -1.45 on the 14-day charts.
Analyst Ratings
Analysts offering their rating for GPRE stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate GPRE as a “sell,”, while 2 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 7 have offered a “buy” rating.
