Gevo (GEVO) Shares are Down -7.48%

Gevo (GEVO) : During the past 4 weeks, traders have been relatively bearish on Gevo (GEVO), hence the stock is down -11.97% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -7.97% relative to the S&P 500. The 4-week change in the price of the stock is -13.75% and the stock has fallen -7.48% in the past 1 week.

The stock has recorded a 20-day Moving Average of 15.28% and the 50-Day Moving Average is 18.19%.The 200 Day SMA reached 6.15% Gevo, Inc. has dropped 24.1% during the last 3-month period . Year-to-Date the stock performance stands at -26.55%.


Gevo (GEVO) : 2 investment research analysts covering Gevo (GEVO) have an average price target of $2.3 for the near short term. The highest target price given by the Brokerage Firm to the stock is $4 and the lowest target is $1 for the short term. Analysts expect the variance to be within $2.4 of the average price.

Company shares have received an average consensus rating of Hold for the current week Gevo (NASDAQ:GEVO): stock was range-bound between the intraday low of $0.442 and the intraday high of $0.465 after having opened at $0.46 on Fridays session. The stock finally closed in the red at $0.46, a loss of -2.32%. The stock remained in the red for the whole trading day. The total traded volume was 7,538,519 shares. The stock failed to cross $0.465 in Fridays trading. The stocks closing price on Thursday was $0.4554.

Gevo, Inc. (Gevo) is a renewable chemicals and biofuels company. The Compnay is focused on the development and commercialization of alternatives to petroleum-based products based on isobutanol produced from renewable feedstocks. The Company operates through two segments: the Gevo, Inc. and the Gevo Development/Agri-Energy. The Gevo, Inc. segment is responsible for all research and development activities related to the production of isobutanol, including the development of its biocatalysts, the production and sale of biojet fuel. The Gevo Development/Agri-Energy Segment is responsible for the operation of its Agri-Energy Facility and the production of ethanol, isobutanol and related products.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *