Gevo Inc’s (GEVO) Stock: A 60.80% Simple Moving Average for the Past 20 Days

The stock of Gevo Inc (GEVO) has gone up by 44.17% for the week, with a 120.00% rise in the past month and a 400.51% rise in the past quarter. The volatility ratio for the week is 14.54%, and the volatility levels for the past 30 days are 13.22% for GEVO. The simple moving average for the past 20 days is 60.80% for GEVO’s stock, with a 244.06% simple moving average for the past 200 days.

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

Additionally, the 36-month beta value for GEVO is 3.01. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”

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The public float for GEVO is 227.18M and currently, short sellers hold a 12.56% ratio of that float. The average trading volume of GEVO on October 18, 2024 was 5.96M shares.

GEVO) stock’s latest price update

Gevo Inc (NASDAQ: GEVO)’s stock price has plunge by 12.08relation to previous closing price of 2.65. Nevertheless, the company has seen a 44.17% surge in its stock price over the last five trading sessions. marketwatch.com reported 2024-10-17 that Shares of Gevo Inc. are climbing 38.2% in premarket trades Thursday after the renewable chemicals and biofuels company received a commitment for a $1.46 billion loan from the U.S. Department of Energy.

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 134.50% 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 -4.19% of loss for the given period.

Volatility was left at 13.22%, however, over the last 30 days, the volatility rate increased by 14.54%, as shares surge +120.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +446.30% upper at present.

During the last 5 trading sessions, GEVO rose by +43.20%, which changed the moving average for the period of 200-days by +156.52% in comparison to the 20-day moving average, which settled at $1.85. In addition, Gevo Inc saw 156.03% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at GEVO starting from Bloom Paul D, who proposed sale 16,000 shares at the price of $2.25 back on Oct 17 ’24. After this action, Bloom Paul D now owns shares of Gevo Inc, valued at $36,000 using the latest closing price.

Bowron Kimberly T, the Chief People Officer of Gevo Inc, sale 16,383 shares at $0.76 during a trade that took place back on Aug 22 ’24, which means that Bowron Kimberly T is holding 405,268 shares at $12,408 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 29.13. 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

In conclusion, Gevo Inc (GEVO) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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