The stock of Gevo Inc (GEVO) has seen a 14.81% increase in the past week, with a 21.57% gain in the past month, and a -13.29% decrease in the past quarter. The volatility ratio for the week is 7.84%, and the volatility levels for the past 30 days are at 7.48% for GEVO. The simple moving average for the last 20 days is 10.32% for GEVO’s stock, with a simple moving average of -12.92% for the last 200 days.
Is It Worth Investing in Gevo Inc (NASDAQ: GEVO) Right Now?
compared to its average ratio and a 36-month beta value of 3.06. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 3 as “hold,” and 0 as “sell.”
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The average price point forecasted by analysts for Gevo Inc (GEVO) is $4.52, which is $3.28 above the current market price. The public float for GEVO is 230.69M, and currently, short sellers hold a 14.94% ratio of that float. The average trading volume of GEVO on November 21, 2023 was 3.85M shares.
GEVO) stock’s latest price update
Gevo Inc (NASDAQ: GEVO)’s stock price has soared by 0.81 in relation to previous closing price of 1.23. Nevertheless, the company has seen a gain of 14.81% in its stock price over the last five trading days. Seeking Alpha reported 2023-11-13 that Gevo, Inc. (NASDAQ:GEVO ) Q3 2023 Earnings Call Transcript November 13, 2023 4:30 PM ET Company Participants Eric Frey – VP, Finance and Strategy Patrick Gruber – CEO Lynn Smull – CFO Conference Call Participants Derrick Whitfield – Stifel Sameer Joshi – H.C. Wainwright Shawn Severson – Water Tower Research Abhishek Sinha – Northland Capital Markets Operator Good day, and thank you for standing by.
Analysts’ Opinion of GEVO
Many brokerage firms have already submitted their reports for GEVO stocks, with Northland Capital repeating the rating for GEVO by listing it as a “Market Perform.” The predicted price for GEVO in the upcoming period, according to Northland Capital is $2 based on the research report published on August 21, 2023 of the current year 2023.
GEVO Trading at 6.88% from the 50-Day Moving Average
After a stumble in the market that brought GEVO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -46.09% of loss for the given period.
Volatility was left at 7.48%, however, over the last 30 days, the volatility rate increased by 7.84%, as shares surge +22.77% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.06% lower at present.
During the last 5 trading sessions, GEVO rose by +14.81%, which changed the moving average for the period of 200-days by -42.33% in comparison to the 20-day moving average, which settled at $1.1355. In addition, Gevo Inc saw -34.74% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GEVO starting from Gruber Patrick R., who sale 171,549 shares at the price of $1.38 back on Aug 23. After this action, Gruber Patrick R. now owns 2,963,646 shares of Gevo Inc, valued at $236,395 using the latest closing price.
Cesarek Timothy J, the Chief Commercial Officer of Gevo Inc, sale 92,243 shares at $1.38 during a trade that took place back on Aug 23, which means that Cesarek Timothy J is holding 946,304 shares at $126,908 based on the most recent closing price.
Stock Fundamentals for GEVO
Current profitability levels for the company are sitting at:
- -6590.47 for the present operating margin
- -1702.89 for the gross margin
The net margin for Gevo Inc stands at -8341.02. The total capital return value is set at -11.79, while invested capital returns managed to touch -14.98. Equity return is now at value -12.22, with -10.45 for asset returns.
Based on Gevo Inc (GEVO), the company’s capital structure generated 11.51 points at debt to equity in total, while total debt to capital is 10.32. Total debt to assets is 9.95, with long-term debt to equity ratio resting at 11.40. Finally, the long-term debt to capital ratio is 10.22.
When we switch over and look at the enterprise to sales, we see a ratio of -3.01, with the company’s debt to enterprise value settled at 0.82. The receivables turnover for the company is 1.62 and the total asset turnover is 0.00. The liquidity ratio also appears to be rather interesting for investors as it stands at 16.33.
Conclusion
To put it simply, Gevo Inc (GEVO) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.