Gevo Inc. [GEVO] Stock trading around $3.88 per share: What’s Next?

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Gevo Inc. [NASDAQ: GEVO] slipped around -0.17 points on Friday, while shares priced at $3.88 at the close of the session, down -4.20%. The company report on April 21, 2022 that Gevo to Report First Quarter 2022 Financial Results on May 09, 2022.

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Gevo, Inc. (NASDAQ: GEVO) announced today that it will host a conference call on Monday, May 09, 2022, at 4:30 p.m. EDT (2:30 p.m. MDT) to report its financial results for the first quarter ended March 31, 2022 and provide an update on recent corporate highlights.

To participate in the conference call, please dial 1 (833) 729-4776 (inside the U.S.) or 1 (830) 213-7701 (outside the U.S.) and reference the access code 2251249# or through the event weblink: https://edge.media-server.com/mmc/p/rkzfqmut.

Gevo Inc. stock is now -9.35% down from its year-to-date (YTD) trading value. GEVO Stock saw the intraday high of $4.1975 and lowest of $3.80 per share. The company’s 52-week high price is 9.64, which means current price is +39.07% above from all time high which was touched on 03/22/22.

Compared to the average trading volume of 9.12M shares, GEVO reached a trading volume of 21056457 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Gevo Inc. [GEVO]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GEVO shares is $14.67 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GEVO stock is a recommendation set at 1.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Citigroup have made an estimate for Gevo Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on February 09, 2022. While these analysts kept the previous recommendation, Stifel raised their target price to Buy. The new note on the price target was released on August 24, 2021, representing the official price target for Gevo Inc. stock.

The Average True Range (ATR) for Gevo Inc. is set at 0.36, with the Price to Sales ratio for GEVO stock in the period of the last 12 months amounting to 1240.88. The Price to Book ratio for the last quarter was 1.43, with the Price to Cash per share for the same quarter was set at 1.41.

How has GEVO stock performed recently?

Gevo Inc. [GEVO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -15.10. With this latest performance, GEVO shares dropped by -14.35% in over the last four-week period, additionally sinking by -42.09% over the last 6 months – not to mention a drop of -41.57% 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 39.39, with the RSI for the last a single of trading hit 30.95, and the three-weeks RSI is set at 43.75 for Gevo Inc. [GEVO]. The present Moving Average for the last 50 days of trading for this stock 4.10, while it was recorded at 4.21 for the last single week of trading, and 5.29 for the last 200 days.

Gevo Inc. [GEVO]: Deeper insight into the fundamentals

Gevo Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 10.70 and a Current Ratio set at 10.80.

Earnings analysis for Gevo Inc. [GEVO]

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%.

Insider trade positions for Gevo Inc. [GEVO]

There are presently around $307 million, or 42.50% of GEVO stock, in the hands of institutional investors. The top three institutional holders of GEVO stocks are: STATE STREET CORP with ownership of 18,662,857, which is approximately 25.531% of the company’s market cap and around 0.80% of the total institutional ownership; BLACKROCK INC., holding 14,386,751 shares of the stock with an approximate value of $55.82 million in GEVO stocks shares; and VANGUARD GROUP INC, currently with $40.86 million in GEVO stock with ownership of nearly 7.502% of the company’s market capitalization.

82 institutional holders increased their position in Gevo Inc. [NASDAQ:GEVO] by around 16,204,427 shares. Additionally, 49 investors decreased positions by around 6,730,391 shares, while 26 investors held positions by with 56,234,341 shares. The mentioned changes placed institutional holdings at 79,169,159 shares, according to the latest SEC report filing. GEVO stock had 37 new institutional investments in for a total of 4,491,606 shares, while 23 institutional investors sold positions of 5,029,273 shares during the same period.