Green Plains Inc (GPRE) Shares Up Despite Recent Market Volatility

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The stock of Green Plains Inc (NASDAQ: GPRE) has increased by 0.37 when compared to last closing price of 13.37. Despite this, the company has experienced a 9.64% gain in its stock price over the last five trading sessions. businesswire.com reported 2024-08-27 that OMAHA, Neb.–(BUSINESS WIRE)–Green Plains Inc. (NASDAQ:GPRE) today announced that Todd Becker, President and CEO, will be participating in a fireside chat at the Jefferies Industrials Conference on Thursday, Sept. 5 at 1:20 p.m. Eastern Time (12:20 p.m. Central Time) in New York City. Additionally, the company will be participating in meetings with institutional investors during the conference. The live webcast, as well as the replay, will be available on the Investors page of the Green Plains.

Is It Worth Investing in Green Plains Inc (NASDAQ: GPRE) Right Now?

Additionally, the 36-month beta value for GPRE is 1.53. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 2 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

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The public float for GPRE is 62.80M and currently, short sellers hold a 10.82% ratio of that float. The average trading volume of GPRE on September 19, 2024 was 1.01M shares.

GPRE’s Market Performance

GPRE stock saw a decrease of 9.64% in the past week, with a monthly decline of -4.48% and a quarterly a decrease of -9.81%. The volatility ratio for the week is 4.36%, and the volatility levels for the last 30 days are 5.52% for Green Plains Inc (GPRE). The simple moving average for the past 20 days is 0.21% for GPRE’s stock, with a -31.11% simple moving average for the past 200 days.

Analysts’ Opinion of GPRE

BofA Securities, on the other hand, stated in their research note that they expect to see GPRE reach a price target of $39. The rating they have provided for GPRE stocks is “Buy” according to the report published on May 12th, 2023.

BMO Capital Markets gave a rating of “Market Perform” to GPRE, setting the target price at $33 in the report published on April 14th of the previous year.

GPRE Trading at -9.57% from the 50-Day Moving Average

After a stumble in the market that brought GPRE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -60.24% of loss for the given period.

Volatility was left at 5.52%, however, over the last 30 days, the volatility rate increased by 4.36%, as shares sank -0.22% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.17% lower at present.

During the last 5 trading sessions, GPRE rose by +9.64%, which changed the moving average for the period of 200-days by -46.06% in comparison to the 20-day moving average, which settled at $13.39. In addition, Green Plains Inc saw -46.79% 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 GPRE starting from Treuer Alain, who sale 22,999 shares at the price of $22.66 back on Feb 20 ’24. After this action, Treuer Alain now owns 230,000 shares of Green Plains Inc, valued at $521,157 using the latest closing price.

Knudsen Ejnar A III, the Director of Green Plains Inc, purchase 4,000 shares at $24.73 during a trade that took place back on Feb 12 ’24, which means that Knudsen Ejnar A III is holding 40,913 shares at $98,920 based on the most recent closing price.

Stock Fundamentals for GPRE

Current profitability levels for the company are sitting at:

  • -0.0 for the present operating margin
  • 0.06 for the gross margin

The net margin for Green Plains Inc stands at -0.02. The total capital return value is set at -0.01. Equity return is now at value -5.62, with -2.44 for asset returns.

Based on Green Plains Inc (GPRE), the company’s capital structure generated 0.42 points at debt to capital in total, while cash flow to debt ratio is standing at 0.25. The debt to equity ratio resting at 0.73. The interest coverage ratio of the stock is -0.39.

Currently, EBITDA for the company is 48.33 million with net debt to EBITDA at 5.5. When we switch over and look at the enterprise to sales, we see a ratio of 0.47. The receivables turnover for the company is 28.09for trailing twelve months and the total asset turnover is 1.59. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.68.

Conclusion

In conclusion, Green Plains Inc (GPRE) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it 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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