Gevo Inc. [NASDAQ: GEVO] closed the trading session at $1.35 on 11/20/20. The day’s price range saw the stock hit a low of $1.28, while the highest price level was $1.44. The company report on November 11, 2020 that Gevo Reports Third Quarter 2020 Financial Results.
Gevo to Host Conference Call at 4:30 p.m. EST/2:30 p.m. MST.
Gevo, Inc. (NASDAQ: GEVO) announced financial results for the third quarter of 2020 and recent corporate highlights.
The stocks have a year to date performance of -41.56 percent and weekly performance of 35.16 percent. The stock has been moved at 10.66 percent over the last six months. The stock has performed 23.85 percent around the most recent 30 days and changed -2.88 percent over the most recent 3-months.
If compared to the average trading volume of 43.18M shares, GEVO reached to a volume of 42568414 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Gevo Inc. [GEVO]:
H.C. Wainwright have made an estimate for Gevo Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 07, 2018. The new note on the price target was released on January 09, 2018, representing the official price target for Gevo Inc. stock. Previously, the target price had yet another raise from $4 to $12, while Rodman & Renshaw kept a Buy rating on GEVO stock. On September 26, 2012, analysts decreased their price target for GEVO shares from 9 to 1.
The Average True Range (ATR) for Gevo Inc. is set at 0.09, with the Price to Sales ratio for GEVO stock in the period of the last 12 months amounting to 12.87. The Price to Book ratio for the last quarter was 0.77, with the Price to Cash per share for the same quarter was set at 0.71.
GEVO stock trade performance evaluation
Gevo Inc. [GEVO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 35.16. With this latest performance, GEVO shares gained by 23.85% in over the last four-week period, additionally plugging by 10.66% over the last 6 months – not to mention a drop of -41.30% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GEVO stock in for the last two-week period is set at 70.25, with the RSI for the last a single of trading hit 78.79, and the three-weeks RSI is set at 63.74 for Gevo Inc. [GEVO]. The present Moving Average for the last 50 days of trading for this stock 1.0273, while it was recorded at 1.1640 for the last single week of trading, and 1.0449 for the last 200 days.
Gevo Inc. [GEVO]: An insightful look at the core fundamentals
Gevo Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.70 and a Current Ratio set at 4.90.
Earnings per share (EPS) analysis for Gevo Inc. [GEVO] stock
With the latest financial reports released by the company, Gevo Inc. posted -0.5/share EPS, while the average EPS was predicted by analysts to be reported at -0.53/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 5.70%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for GEVO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Gevo Inc. go to 25.00%.
Gevo Inc. [GEVO]: Insider Ownership positions
There are presently around $13 million, or 18.30% of GEVO stock, in the hands of institutional investors. The top three institutional holders of GEVO stocks are: VANGUARD GROUP INC with ownership of 8,202,664, which is approximately 2608.831% of the company’s market cap and around 4.20% of the total institutional ownership; RENAISSANCE TECHNOLOGIES LLC, holding 627,600 shares of the stock with an approximate value of $0.85 million in GEVO stocks shares; and GSA CAPITAL PARTNERS LLP, currently with $0.3 million in GEVO stock with ownership of nearly New of the company’s market capitalization.
26 institutional holders increased their position in Gevo Inc. [NASDAQ:GEVO] by around 8,880,484 shares. Additionally, 8 investors decreased positions by around 261,681 shares, while 4 investors held positions by with 634,260 shares. The mentioned changes placed institutional holdings at 9,776,425 shares, according to the latest SEC report filing. GEVO stock had 15 new institutional investments in for a total of 459,438 shares, while 6 institutional investors sold positions of 60,945 shares during the same period.