Gevo Inc (NASDAQ: GEVO) on Monday, soared 9.70% from the previous trading day, before settling in for the closing price of $1.34. Within the past 52 weeks, GEVO’s price has moved between $0.48 and $1.83.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Basic Materials sector was 258.21%. The company achieved an average annual earnings per share of -10.67%. With a float of $227.22 million, this company’s outstanding shares have now reached $240.50 million.
Considering the fact that the conglomerate employs 103 people, you should pay attention to its efficiency factor.
Gevo Inc (GEVO) Insider Activity
Observing investor behavior towards Specialty Chemicals industry stocks is more important than anything else. The insider ownership of Gevo Inc is 5.12%, while institutional ownership is 24.71%. The most recent insider transaction that took place on Aug 22 ’24, was worth 12,408. In this transaction Chief People Officer of this company sold 16,383 shares at a rate of $0.76, taking the stock ownership to the 405,268 shares. Before that another transaction happened on Aug 22 ’24, when Company’s CCO & CIO sold 60,303 for $0.76, making the entire transaction worth $45,673. This insider now owns 953,882 shares in total.
Gevo Inc (GEVO) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -10.67% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 25.00% during the next five years compared to 45.44% growth over the previous five years of trading.
Gevo Inc (NASDAQ: GEVO) Trading Performance Indicators
Gevo Inc (GEVO) is currently performing well based on its current performance indicators. A quick ratio of 10.09 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 19.40.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.31, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach -0.31 in one year’s time.
Technical Analysis of Gevo Inc (GEVO)
Compared to the last year’s volume of 5.19 million, its volume of 14.27 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 61.69%. Additionally, its Average True Range was 0.16.
During the past 100 days, Gevo Inc’s (GEVO) raw stochastic average was set at 73.34%, which indicates a significant increase from 68.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 162.11% in the past 14 days, which was higher than the 101.94% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.7810, while its 200-day Moving Average is $0.7996. Nevertheless, the first resistance level for the watch stands at $1.5433 in the near term. At $1.6167, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.7233. If the price goes on to break the first support level at $1.3633, it is likely to go to the next support level at $1.2567. Should the price break the second support level, the third support level stands at $1.1833.
Gevo Inc (NASDAQ: GEVO) Key Stats
Market capitalization of the company is 352.02 million based on 236,233K outstanding shares. Right now, sales total 17,200 K and income totals -66,210 K. The company made 5,260 K in profit during its latest quarter, and -21,000 K in sales during its previous quarter.
