Gevo Inc [GEVO] stock Initiated by Northland Capital analyst, price target now $2

GOOGL

Gevo Inc [NASDAQ: GEVO] plunged by -$0.02 during the normal trading session on while it closed the day at $0.57.

Gevo Inc stock has also gained 5.53% of its value over the past 7 days. However, GEVO stock has declined by -22.92% in the 3 months of the year. Over the past six months meanwhile, it has lost -48.69% and lost -50.46% year-on date.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The market cap for GEVO stock reached $135.76 million, with 240.50 million shares outstanding and 223.57 million shares in the current float. Compared to the average trading volume of 3.99M shares, GEVO reached a trading volume of 3003560 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]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GEVO shares is $5.15 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 2.33. 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.

Northland Capital have made an estimate for Gevo Inc shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on August 21, 2023. While these analysts kept the previous recommendation, UBS raised their target price to Neutral. The new note on the price target was released on December 14, 2022, representing the official price target for Gevo Inc stock. Previously, the target price had yet another raise to $2.30, while Jefferies analysts kept a Hold rating on GEVO stock.

The Average True Range (ATR) for Gevo Inc is set at 0.04, with the Price to Sales ratio for GEVO stock in the period of the last 12 months amounting to 7.93. The Price to Book ratio for the last quarter was 0.25, with the Price to Cash per share for the same quarter was set at 1.15.

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 5.53. With this latest performance, GEVO shares dropped by -6.48% in over the last four-week period, additionally sinking by -48.69% over the last 6 months – not to mention a drop of -64.96% 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 43.99, with the RSI for the last a single of trading hit 45.00, and the three-weeks RSI is set at 43.89 for Gevo Inc [GEVO]. The present Moving Average for the last 50 days of trading for this stock 0.6517, while it was recorded at 0.5722 for the last single week of trading, and 0.8918 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 12.62 and a Current Ratio set at 12.80.

Earnings per share (EPS) analysis for Gevo Inc [GEVO] stock

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]: Institutional Ownership

The top three institutional holders of GEVO stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in GEVO stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in GEVO stock with ownership which is approximately 5.1238%.

Most Popular