Gevo Inc (NASDAQ: GEVO)’s stock price has plunge by 0.70relation to previous closing price of 1.43. Nevertheless, the company has seen a -9.43% plunge in its stock price over the last five trading sessions. globenewswire.com reported 2024-11-18 that ENGLEWOOD, Colo., Nov. 18, 2024 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ: GEVO), announced today that Lindsay Fitzgerald, Gevo’s Executive Vice President of Corporate Affairs, and Dr. Eric Frey, Gevo’s Vice President of Finance and Strategy, will participate in a fireside chat with H.C. Wainwright on Wednesday, November 20, 2024 at 4:00pm ET.
Is It Worth Investing in Gevo Inc (NASDAQ: GEVO) Right Now?
Additionally, the 36-month beta value for GEVO is 2.91. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
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The public float for GEVO is 226.33M and currently, short sellers hold a 14.16% ratio of that float. The average trading volume of GEVO on November 19, 2024 was 8.51M shares.
GEVO’s Market Performance
GEVO’s stock has seen a -9.43% decrease for the week, with a -53.99% drop in the past month and a 92.00% gain in the past quarter. The volatility ratio for the week is 10.36%, and the volatility levels for the past 30 days are at 11.56% for Gevo Inc The simple moving average for the past 20 days is -33.65% for GEVO’s stock, with a 44.50% simple moving average for the past 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 -23.81% 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 -57.52% of loss for the given period.
Volatility was left at 11.56%, however, over the last 30 days, the volatility rate increased by 10.36%, as shares sank -56.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +103.76% upper at present.
During the last 5 trading sessions, GEVO fell by -9.43%, which changed the moving average for the period of 200-days by +64.78% in comparison to the 20-day moving average, which settled at $2.1702. In addition, Gevo Inc saw 24.14% 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 Shafer Andrew, who sale 26,911 shares at the price of $2.37 back on Nov 05 ’24. After this action, Shafer Andrew now owns 332,430 shares of Gevo Inc, valued at $63,661 using the latest closing price.
Shafer Andrew, the Officer of Gevo Inc, proposed sale 26,911 shares at $2.37 during a trade that took place back on Nov 05 ’24, which means that Shafer Andrew is holding shares at $63,779 based on the most recent closing price.
Stock Fundamentals for GEVO
Current profitability levels for the company are sitting at:
- -5.93 for the present operating margin
- -0.8 for the gross margin
The net margin for Gevo Inc stands at -5.1. The total capital return value is set at -0.16. Equity return is now at value -14.78, with -12.49 for asset returns.
Based on Gevo Inc (GEVO), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at -18.3. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is -27.97.
Currently, EBITDA for the company is -62.83 million with net debt to EBITDA at 3.25. When we switch over and look at the enterprise to sales, we see a ratio of 8.04. The receivables turnover for the company is 11.05for 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 8.25.
Conclusion
In conclusion, Gevo Inc (GEVO) has seen mixed 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’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.
