Gevo, Inc. (NASDAQ:GEVO – Get Free Report) CFO L Lynn Smull sold 29,707 shares of the firm’s stock in a transaction that occurred on Wednesday, July 31st. The stock was sold at an average price of $0.59, for a total transaction of $17,527.13. Following the sale, the chief financial officer now owns 1,279,480 shares of the company’s stock, valued at approximately $754,893.20. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Gevo Trading Down 5.3 %
Shares of GEVO stock opened at $0.54 on Friday. The stock has a market capitalization of $127.57 million, a price-to-earnings ratio of -1.86 and a beta of 2.90. The company’s fifty day simple moving average is $0.61 and its two-hundred day simple moving average is $0.72. Gevo, Inc. has a 1 year low of $0.53 and a 1 year high of $1.72. The company has a debt-to-equity ratio of 0.13, a current ratio of 12.80 and a quick ratio of 12.62.
Gevo (NASDAQ:GEVO – Get Free Report) last released its quarterly earnings data on Thursday, May 2nd. The energy company reported ($0.08) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.02). The company had revenue of $3.99 million for the quarter, compared to the consensus estimate of $4.39 million. Gevo had a negative net margin of 393.88% and a negative return on equity of 11.97%. As a group, analysts anticipate that Gevo, Inc. will post -0.34 earnings per share for the current year.
Analyst Ratings Changes
View Our Latest Research Report on Gevo
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the stock. SG Americas Securities LLC bought a new position in shares of Gevo in the fourth quarter valued at approximately $151,000. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Gevo in the 1st quarter worth approximately $89,000. BNP Paribas Financial Markets boosted its holdings in Gevo by 79.5% in the 1st quarter. BNP Paribas Financial Markets now owns 142,679 shares of the energy company’s stock valued at $110,000 after purchasing an additional 63,179 shares during the period. FinTrust Capital Advisors LLC purchased a new position in shares of Gevo during the 1st quarter valued at $38,000. Finally, Bayesian Capital Management LP purchased a new position in shares of Gevo during the 1st quarter valued at $27,000. Hedge funds and other institutional investors own 35.17% of the company’s stock.
About Gevo
Gevo, Inc operates as a carbon abatement company. It operates through three segments: Gevo, Agri-Energy, and Renewable Natural Gas. The company focuses on transforming renewable energy into energy-dense liquid hydrocarbons that can be used as renewable fuels. It offers renewable gasoline and diesel, isobutanol, sustainable aviation fuel, renewable natural gas, isobutylene, ethanol, and animal feed and protein.
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