Gevo Inc [NASDAQ: GEVO] loss -3.50% on the last trading session, reaching $1.38 price per share at the time.
If compared to the average trading volume of 8.45M shares, GEVO reached a trading volume of 4784054 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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Here is what top equities market gurus are saying 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 $8.62 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 2.00. 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 0.23, with the Price to Sales ratio for GEVO stock in the period of the last 12 months amounting to 21.19. The Price to Book ratio for the last quarter was 0.65, with the Price to Cash per share for the same quarter was set at 0.94.
Trading performance analysis for GEVO stock
Gevo Inc [GEVO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.82. With this latest performance, GEVO shares dropped by -54.15% in over the last four-week period, additionally plugging by 94.37% over the last 6 months – not to mention a rise of 11.29% 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 35.32, with the RSI for the last a single of trading hit 28.71, and the three-weeks RSI is set at 40.40 for Gevo Inc [GEVO]. The present Moving Average for the last 50 days of trading for this stock 1.9175, while it was recorded at 1.4340 for the last single week of trading, and 1.0022 for the last 200 days.
Gevo Inc [GEVO]: A deeper dive into fundamental analysis
Gevo Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 8.05 and a Current Ratio set at 8.25.
Gevo Inc [GEVO]: An earnings per share (EPS) analysis
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%.
An analysis of Institutional ownership at Gevo Inc [GEVO]
There are presently around $18.73%, or 19.59%% of GEVO stock, in the hands of institutional investors. The top three institutional holders of GEVO stocks are: VANGUARD GROUP INC with ownership of 17.31 million shares, which is approximately 7.1889%. MILLENNIUM MANAGEMENT LLC, holding 5.18 million shares of the stock with an approximate value of $$2.89 million in GEVO stocks shares; and MILLENNIUM MANAGEMENT LLC, currently with $$2.63 million in GEVO stock with ownership which is approximately 1.962%.