Shares of Gevo, Inc. (NASDAQ:GEVO) saw strong trading volume on Monday . 4,144,466 shares changed hands during trading, an increase of 374% from the previous session’s volume of 873,478 shares.The stock last traded at $4.72 and had previously closed at $3.98.
Several equities research analysts recently weighed in on the company. ValuEngine upgraded Gevo from a “sell” rating to a “hold” rating in a research report on Saturday, June 2nd. Zacks Investment Research upgraded Gevo from a “sell” rating to a “hold” rating in a research report on Tuesday, March 13th. Finally, HC Wainwright restated a “hold” rating on shares of Gevo in a research report on Tuesday, May 15th.
Get Gevo alerts:The company has a quick ratio of 1.23, a current ratio of 1.82 and a debt-to-equity ratio of 0.23. The stock has a market cap of $18.40 million, a price-to-earnings ratio of -0.12 and a beta of 2.41.
Gevo (NASDAQ:GEVO) last released its quarterly earnings results on Thursday, May 10th. The energy company reported ($2.20) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($4.80) by $2.60. Gevo had a negative return on equity of 32.15% and a negative net margin of 70.28%. The company had revenue of $8.24 million for the quarter, compared to analyst estimates of $5.90 million. equities analysts forecast that Gevo, Inc. will post -17.6 EPS for the current fiscal year.
Gevo Company Profile
Gevo, Inc, a renewable chemicals and biofuels company, focuses on the development and commercialization of alternatives to petroleum-based products based on isobutanol produced from renewable feedstocks in the United States. It operates through two segments, Gevo, Inc and Gevo Development/Agri-Energy.
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