In the past week, GEVO stock has gone down by -3.68%, with a monthly decline of -8.66% and a quarterly plunge of -13.27%. The volatility ratio for the week is 10.94%, and the volatility levels for the last 30 days are 9.46% for Gevo Inc The simple moving average for the past 20 days is 3.14% for GEVO’s stock, with a -36.27% simple moving average for the past 200 days.
Is It Worth Investing in Gevo Inc (NASDAQ: GEVO) Right Now?
GEVO has 36-month beta value of 2.91. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for GEVO is 226.99M, and currently, short sellers hold a 13.57% ratio of that float. The average trading volume of GEVO on May 06, 2024 was 6.40M shares.
GEVO) stock’s latest price update
The stock of Gevo Inc (NASDAQ: GEVO) has increased by 4.03 when compared to last closing price of 0.66.Despite this, the company has seen a loss of -3.68% in its stock price over the last five trading days. Seeking Alpha reported 2024-05-02 that Gevo, Inc. (NASDAQ:GEVO ) Q1 2024 Earnings Conference Call May 2, 2024 4:30 PM ET Company Participants Eric Frey – VP, Finance &Strategy Patrick Gruber – CEO Lynn Smull – CFO Chris Ryan – President & COO Paul Bloom – Chief Carbon Officer & Chief Innovation Officer Lindsay Fitzgerald – VP, Government Relations Conference Call Participants Peter Gastreich – Water Tower Research David Boehm – Thomist Capital Derrick Whitfield – Stifel Sameer Joshi – H.C. Wainwright Saumya Jain – UBS 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 previous year 2023.
UBS, on the other hand, stated in their research note that they expect to see GEVO reach a price target of $2.25. The rating they have provided for GEVO stocks is “Neutral” according to the report published on December 14th, 2022.
Jefferies gave a rating of “Hold” to GEVO, setting the target price at $2.30 in the report published on October 19th of the previous year.
GEVO Trading at -4.30% 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 -63.11% of loss for the given period.
Volatility was left at 9.46%, however, over the last 30 days, the volatility rate increased by 10.94%, as shares sank -9.69% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -19.56% lower at present.
During the last 5 trading sessions, GEVO fell by -2.89%, which changed the moving average for the period of 200-days by -59.54% in comparison to the 20-day moving average, which settled at $0.6616. In addition, Gevo Inc saw -40.84% 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 Shafer Andrew, who sale 24,978 shares at the price of $1.23 back on Dec 26 ’23. After this action, Shafer Andrew now owns 156,841 shares of Gevo Inc, valued at $30,723 using the latest closing price.
Nurmat Alisher K, the VP Accounting and Treasurer of Gevo Inc, sale 586 shares at $1.07 during a trade that took place back on Dec 12 ’23, which means that Nurmat Alisher K is holding 104,919 shares at $627 based on the most recent closing price.
Stock Fundamentals for GEVO
Current profitability levels for the company are sitting at:
- -4.91 for the present operating margin
- -0.94 for the gross margin
The net margin for Gevo Inc stands at -3.94. The total capital return value is set at -0.14. Equity return is now at value -11.89, with -10.21 for asset returns.
Based on Gevo Inc (GEVO), the company’s capital structure generated 0.11 points at debt to capital in total, while cash flow to debt ratio is standing at -0.73. The debt to equity ratio resting at 0.13. The interest coverage ratio of the stock is -77.89.
Currently, EBITDA for the company is -62.83 million with net debt to EBITDA at 3.07. When we switch over and look at the enterprise to sales, we see a ratio of -2.12. The receivables turnover for the company is 4.65for trailing twelve months and the total asset turnover is 0.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 12.80.
Conclusion
To put it simply, Gevo Inc (GEVO) has had a bad 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.
