The stock price of Gevo Inc (NASDAQ: GEVO) has jumped by 4.04 compared to previous close of 2.85. Despite this, the company has seen a fall of -5.43% in its stock price over the last five trading days. globenewswire.com reported 2024-10-24 that ENGLEWOOD, Colo., Oct. 24, 2024 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ: GEVO) announced today that it will host a conference call on November 7, 2024, at 4:30 p.m. ET (2:30 p.m. MT) to report its financial results for the third quarter ended September 30, 2024.
Is It Worth Investing in Gevo Inc (NASDAQ: GEVO) Right Now?
The stock has a 36-month beta value of 2.99. 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 227.19M, and at present, short sellers hold a 13.51% of that float. On October 28, 2024, the average trading volume of GEVO was 6.92M shares.
GEVO’s Market Performance
GEVO stock saw an increase of -5.43% in the past week, with a monthly gain of 102.74% and a quarterly increase of 397.90%. The volatility ratio for the week is 11.45%, and the volatility levels for the last 30 days are 13.23% for Gevo Inc (GEVO). The simple moving average for the last 20 days is 32.51% for GEVO’s stock, with a simple moving average of 224.67% for the last 200 days.
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 96.48% 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 -12.68% of loss for the given period.
Volatility was left at 13.23%, however, over the last 30 days, the volatility rate increased by 11.45%, as shares surge +73.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +350.53% upper at present.
During the last 5 trading sessions, GEVO fell by -5.43%, which changed the moving average for the period of 200-days by +184.62% in comparison to the 20-day moving average, which settled at $2.23. In addition, Gevo Inc saw 155.17% 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 sale 16,000 shares at the price of $3.06 back on Oct 17 ’24. After this action, Bloom Paul D now owns 947,882 shares of Gevo Inc, valued at $48,973 using the latest closing price.
Bloom Paul D, the Affiliate of Gevo Inc, proposed sale 16,000 shares at $2.25 during a trade that took place back on Oct 17 ’24, which means that Bloom Paul D is holding shares at $36,000 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 29.33. 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 better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others 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.
