The Short-term Rise and Fall of Gevo Inc (GEVO) Stock

Gevo Inc [GEVO] stock is trading at $0.89, up 2.87%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The GEVO shares have gain 5.79% over the last week, with a monthly amount drifted -7.41%, and not seem to be holding up well over a long-time horizon.

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On 26, February 2024, Gevo Hires Damien Perriman as Chief Business Development Officer. In a post published today on Yahoo Finance, Gevo, Inc. (NASDAQ: GEVO) is pleased to announce that Damien Perriman has been hired as Chief Business Development Officer to lead the effort to bring in new business in a wider variety of industry sectors and expand the brand footprint for the company.

From an analyst’s perspective:

Gevo Inc [NASDAQ: GEVO] stock has seen the most recent analyst activity on August 21, 2023, when Northland Capital initiated its Market Perform rating and assigned the stock a price target of $2. Previously, UBS started tracking the stock with Neutral rating on December 14, 2022, and set its price target to $2.25. On October 19, 2022, Jefferies initiated with a Hold rating and assigned a price target of $2.30 on the stock. Citigroup started tracking the stock assigning a Buy rating and suggested a price target of $5 on February 09, 2022. Stifel initiated its recommendation with a Buy and recommended $10 as its price target on August 24, 2021. H.C. Wainwright upgraded its rating to Buy for this stock on September 07, 2018. In a note dated January 09, 2018, H.C. Wainwright downgraded an Neutral rating on this stock but restated the target price of $12.

Gevo Inc [GEVO] stock has fluctuated between $0.78 and $2.00 over the past year. Currently, Wall Street analysts expect the stock to reach $3.63 within the next 12 months. Gevo Inc [NASDAQ: GEVO] shares were valued at $0.89 at the most recent close of the market. An investor can expect a potential return of 307.87% based on the average GEVO price forecast.

Analyzing the GEVO fundamentals

Gevo Inc [NASDAQ:GEVO] reported sales of 13.37M for the trailing twelve months, which represents a growth of 1365.37%. Gross Profit Margin for this corporation currently stands at 0.08% with Operating Profit Margin at -6.54%, Pretax Profit Margin comes in at -5.47%, and Net Profit Margin reading is -5.16%. To continue investigating profitability, this company’s Return on Assets is posted at -0.1, Equity is -0.12 and Total Capital is -0.15. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.12.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.8739 points at the first support level, and at 0.8563 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.9161, and for the 2nd resistance point, it is at 0.9407.

Gevo Inc [GEVO] reported earnings per share of -$0.07 for its fiscal quarter that ended on 9/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.05/share, meaning a difference of -$0.02 and a surprise factor of -40.00%. By comparison, the stated earnings for the previous quarter ended on 6/29/2023 were -$0.06 per share as compared to estimates of -$0.05 per share, a difference of -$0.01 representing a surprise of -20.00%.

Ratios To Look Out For

For context, Gevo Inc’s Current Ratio is 4.27. In addition, the Quick Ratio stands at 4.23 and the Cash Ratio stands at 3.36. Considering the valuation of this stock, the price to sales ratio is 16.04, the price to book ratio is 0.37.

Transactions by insiders

In the past 3 months, 0 insiders have purchased 0 shares, and 1 have sold 24,978 shares. Recent insider trading involved Shafer Andrew, Chief Mktg Cust & Brnd Officer, that happened on Dec 26 when 24978.0 shares were sold. VP Accounting and Treasurer, Nurmat Alisher K completed a deal on Dec 12 to sell 586.0 shares. Meanwhile, Chief Executive Officer Gruber Patrick R. sold 0.17 million shares on Aug 23.

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