In Thursday’s Wall Street session, Gevo Inc (NASDAQ:GEVO) shares traded at $1.62, down -2.99% from the previous session.
GEVO stock price is now -13.27% away from the 50-day moving average and 22.61% away from the 200-day moving average. The market capitalization of the company currently stands at $387.84M.
With the price target of $2, Northland Capital recently initiated with Market Perform rating for Gevo Inc (NASDAQ: GEVO). On December 14, 2022, UBS recently initiated its ‘Neutral’ rating on the stock quoting a target price of $2.25, while ‘Jefferies’ rates the stock as ‘Hold’
In other news, Nurmat Alisher K, Officer bought 95,868 shares of the company’s stock on Jan 06 ’25. The stock was bought for $259,850 at an average price of $2.71. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 04 ’24, Affiliate Nurmat Alisher K bought 65,766 shares of the business’s stock. A total of $87,468 was incurred on buying the stock at an average price of $1.33. A total of 5.12% of the company’s stock is owned by insiders.
During the past 12 months, Gevo Inc has had a low of $0.48 and a high of $3.39. As of last week, the company has a debt-to-equity ratio of 0.14, a current ratio of 8.25, and a quick ratio of 8.05.
The net profit margin was -510.04% and return on equity was -14.78% for GEVO. The company reported revenue of $1.97 million for the quarter, compared to $4.53 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -56.6 percent.
