Gevo Inc (NASDAQ: GEVO) kicked off on Monday, down -1.35% from the previous trading day, before settling in for the closing price of $2.96. Over the past 52 weeks, GEVO has traded in a range of $0.48-$3.39.
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A company in the Basic Materials sector has jumped its sales by 258.21% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -12.93%. With a float of $227.19 million, this company’s outstanding shares have now reached $240.50 million.
In an organization with 103 employees, it is important to assess its efficiency. In terms of profitability, gross margin is -86.5%, operating margin of -491.59%, and the pretax margin is -407.97%.
Gevo Inc (GEVO) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Specialty Chemicals Industry. The insider ownership of Gevo Inc is 5.13%, while institutional ownership is 23.30%. The most recent insider transaction that took place on Oct 17 ’24, was worth 48,973. In this transaction CCO & CIO of this company sold 16,000 shares at a rate of $3.06, taking the stock ownership to the 947,882 shares. Before that another transaction happened on Oct 17 ’24, when Company’s Affiliate proposed sale 16,000 for $2.25, making the entire transaction worth $36,000.
Gevo Inc (GEVO) Latest Financial update
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -0.07 earnings per share (EPS), lower than consensus estimate (set at -0.05) by -0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -12.93% 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
Take a look at Gevo Inc’s (GEVO) current performance indicators. Last quarter, stock had a quick ratio of 10.09. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 38.53.
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 -0.28 in one year’s time.
Technical Analysis of Gevo Inc (GEVO)
Let’s dig in a bit further. During the last 5-days, its volume was 8.73 million. That was better than the volume of 5.75 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 66.29%. Additionally, its Average True Range was 0.27.
During the past 100 days, Gevo Inc’s (GEVO) raw stochastic average was set at 83.85%, which indicates a significant increase from 71.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 114.54% in the past 14 days, which was higher than the 114.04% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.55, while its 200-day Moving Average is $0.92. However, in the short run, Gevo Inc’s stock first resistance to watch stands at $3.03. Second resistance stands at $3.13. The third major resistance level sits at $3.19. If the price goes on to break the first support level at $2.86, it is likely to go to the next support level at $2.80. The third support level lies at $2.70 if the price breaches the second support level.
Gevo Inc (NASDAQ: GEVO) Key Stats
The company with the Market Capitalisation of 699.25 million has total of 236,233K Shares Outstanding. Its annual sales at the moment are 17,200 K in contrast with the sum of -66,210 K annual income. Company’s last quarter sales were recorded 5,260 K and last quarter income was -21,000 K.