Gevo Inc. [NASDAQ: GEVO] stock went on a downward path that fall over -0.60% on Monday, amounting to a one-week price decrease of less than -6.73%. The company report on June 9, 2021 that Gevo Set to Join Russell 3000® Index.
Gevo, Inc. (NASDAQ: GEVO), announced that it expects to join the broad-market Russell 3000 Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the US market opens on June 28, 2021 according to a preliminary list of additions posted June 4, 2021 by FTSE Russell.
Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of May 7, 2021, ranking them by total market capitalization. Membership in the US all-cap Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000 Index or small-cap Russell 2000 Index as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.
Over the last 12 months, GEVO stock rose by 598.38%. The average equity rating for GEVO stock is currently 2.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $1.61 billion, with 198.15 million shares outstanding and 188.44 million shares in the current float. Compared to the average trading volume of 13.84M shares, GEVO stock reached a trading volume of 6847097 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 0.66, with the Price to Sales ratio for GEVO stock in the period of the last 12 months amounting to 896.23. The Price to Book ratio for the last quarter was 2.56, with the Price to Cash per share for the same quarter was set at 2.71.
GEVO Stock Performance Analysis:
Gevo Inc. [GEVO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.73. With this latest performance, GEVO shares gained by 74.58% in over the last four-week period, additionally plugging by 377.59% over the last 6 months – not to mention a rise of 598.38% 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 57.73, with the RSI for the last a single of trading hit 58.14, and the three-weeks RSI is set at 55.57 for Gevo Inc. [GEVO]. The present Moving Average for the last 50 days of trading for this stock 7.12, while it was recorded at 8.52 for the last single week of trading, and 5.41 for the last 200 days.
Insight into Gevo Inc. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Gevo Inc. [GEVO] shares currently have an operating margin of -471.12 and a Gross Margin at -174.84. Gevo Inc.’s Net Margin is presently recorded at -725.90.
Return on Total Capital for GEVO is now -22.11, given the latest momentum, and Return on Invested Capital for the company is -36.52. Return on Equity for this stock declined to -36.72, with Return on Assets sitting at -32.74. When it comes to the capital structure of this company, Gevo Inc. [GEVO] has a Total Debt to Total Equity ratio set at 1.14. Additionally, GEVO Total Debt to Total Capital is recorded at 1.13, with Total Debt to Total Assets ending up at 1.10. Long-Term Debt to Equity for the company is recorded at 0.45, with the Long-Term Debt to Total Capital now at 0.44.
Reflecting on the efficiency of the workforce at the company, Gevo Inc. [GEVO] managed to generate an average of -$1,296,323 per employee. Receivables Turnover for the company is 6.66 with a Total Asset Turnover recorded at a value of 0.05.Gevo Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 49.50 and a Current Ratio set at 49.70.
GEVO Stock EPS
With the latest financial reports released by the company, Gevo Inc. posted -0.4/share EPS, while the average EPS was predicted by analysts to be reported at -0.25/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -60.00%. 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 Position Details
There are presently around $387 million, or 25.20% of GEVO stock, in the hands of institutional investors. The top three institutional holders of GEVO stocks are: STATE STREET CORP with ownership of 11,347,682, which is approximately 11385.508% of the company’s market cap and around 0.30% of the total institutional ownership; VANGUARD GROUP INC, holding 8,386,214 shares of the stock with an approximate value of $69.69 million in GEVO stocks shares; and INVESCO LTD., currently with $37.34 million in GEVO stock with ownership of nearly New of the company’s market capitalization.
Positions in Gevo Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 74 institutional holders increased their position in Gevo Inc. [NASDAQ:GEVO] by around 34,530,625 shares. Additionally, 17 investors decreased positions by around 444,869 shares, while 8 investors held positions by with 11,618,539 shares. The mentioned changes placed institutional holdings at 46,594,033 shares, according to the latest SEC report filing. GEVO stock had 47 new institutional investments in for a total of 9,959,676 shares, while 12 institutional investors sold positions of 252,050 shares during the same period.