Evaluating the Impact of -0.40 Increase on Gevo Inc’s (GEVO) Stock

The stock of Gevo Inc (GEVO) has seen a -3.84% decrease in the past week, with a 30.33% gain in the past month, and a 12.62% flourish in the past quarter. The volatility ratio for the week is 8.17%, and the volatility levels for the past 30 days are at 11.57% for GEVO. . The simple moving average for the past 20 days is -7.01% for GEVO’s stock, with a -11.58% simple moving average for the past 200 days.

Is It Worth Investing in Gevo Inc (NASDAQ: GEVO) Right Now?

The stock has a 36-month beta value of 2.94. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”

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The public float for GEVO is 227.05M, and at present, short sellers hold a 10.06% of that float. On September 10, 2024, the average trading volume of GEVO was 3.33M shares.

GEVO) stock’s latest price update

The stock of Gevo Inc (NASDAQ: GEVO) has decreased by -0.40 when compared to last closing price of 0.71.Despite this, the company has seen a loss of -3.84% in its stock price over the last five trading days. globenewswire.com reported 2024-08-21 that ENGLEWOOD, Colo., Aug. 21, 2024 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ: GEVO) announced a purchase agreement for its low-carbon intensity fuel blendstock with Shell Global Solutions Deutschland GmbH (“Shell”) for use in motorsports. Gevo’s renewable blendstock is suitable for premium motorsport fuels, demonstrating that sustainability and peak performance belong together.

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 7.85% 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 -50.60% of loss for the given period.

Volatility was left at 11.57%, however, over the last 30 days, the volatility rate increased by 8.17%, as shares surge +3.65% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +26.49% upper at present.

During the last 5 trading sessions, GEVO fell by -3.72%, which changed the moving average for the period of 200-days by -38.71% in comparison to the 20-day moving average, which settled at $0.7582. In addition, Gevo Inc saw -39.32% 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 Bowron Kimberly T, who sale 16,383 shares at the price of $0.76 back on Aug 22 ’24. After this action, Bowron Kimberly T now owns 405,268 shares of Gevo Inc, valued at $12,408 using the latest closing price.

Bloom Paul D, the CCO & CIO of Gevo Inc, sale 60,303 shares at $0.76 during a trade that took place back on Aug 22 ’24, which means that Bloom Paul D is holding 953,882 shares at $45,673 based on the most recent closing price.

Stock Fundamentals for GEVO

Current profitability levels for the company are sitting at:

  • -4.92 for the present operating margin
  • -0.87 for the gross margin

The net margin for Gevo Inc stands at -4.08. The total capital return value is set at -0.15. Equity return is now at value -13.39, with -11.46 for asset returns.

Based on Gevo Inc (GEVO), the company’s capital structure generated 0.12 points at debt to capital in total, while cash flow to debt ratio is standing at -0.76. The debt to equity ratio resting at 0.13. The interest coverage ratio of the stock is -32.55.

Currently, EBITDA for the company is -62.83 million with net debt to EBITDA at 2.49. When we switch over and look at the enterprise to sales, we see a ratio of -0.42. The receivables turnover for the company is 5.46for 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 10.22.

Conclusion

To sum up, Gevo Inc (GEVO) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing 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.

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