Gevo Inc (NASDAQ:GEVO) traded at $0.68 at close of the session on current trade day and made an upward move of 25.90% on its previous day’s price.
Looking at the stock we see that its previous close was $0.54 with the day’s price range being $0.5399 – $0.6899. In terms of its 52-week price range, GEVO has a high of $1.67 and a low of $0.48. The company’s stock has gained about 8.44% over that past 30 days.
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Gevo Inc has a market cap of $160.64 million. Estimates by analysts give the company expected earnings per share (EPS) of -0.08, with the EPS growth for the year raised at -0.31 for current year and -0.31 for next year.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 5.11M, with a low of 4.54M and a high of 6.08M. The median projection represents growth squeezing down to 12.90% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 18.9M, or 9.90% up from figures reported last year.
Based on estimates by 2 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 1 have rated the Gevo Inc (GEVO) stock as a Hold, while 0 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 1 suggest the stock as a Sell. The stock has an overall rating of Hold and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is 15.88% off its SMA20 and 13.08% from its 50-day simple moving average. The RSI (14) is pointing at 63.80 while the volatility over the past week is 10.81% and jumps to 7.33% over the past one month. The beta value is 2.91, while the average true range (ATR) is currently pointing at 0.05. The average price target for the stock over the next 12 months is $2.25, with the estimates having a low of $1.5 and a high of $5. These price ends are -120.59% and -635.29% off the current price level respectively, although investors could be excited at the prospect of a -230.88% if the GEVO share price touches on the median price of $2.25.
Coming back to Gevo Inc (NASDAQ:GEVO), we note that the average 3-month trading volume was 3.01 million, while that of the preceding 10-day period stands at 2.48 million. Current shares outstanding are 240.50 million.
The insiders hold 5.27% of the company’s shares while institutions hold 28.90%. The data shows that short shares as of 2024-07-15, stood at 25.24 million at a short ratio of 5.15. This represents a 1103.00 short interest in shares outstanding on 2024-07-15. Shares short fall in July from the previous month at 33.22 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -41.38% down in year-to-date price movement.
