Gevo (GEVO) : The consensus on Gevo (GEVO) based on 2 analyst recommendation on the company stock is 2, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Gevo (GEVO) : 2 Wall Street analysts covering Gevo (GEVO) believe that the average level the stock could reach for the short term is $2.5. The maximum price target given is $4 and the minimum target for short term is around $1, hence the standard deviation is calculated at $2.12.
Company shares have received an average consensus rating of Hold for the current week Gevo (NASDAQ:GEVO): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $0.54 and $0.52 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $0.59. The buying momentum continued till the end and the stock did not give up its gains. It closed at $0.56, notching a gain of 10.50% for the day. The total traded volume was 10,964,359 . The stock had closed at $0.51 on the previous day.
In a related news,The officer (CFO) of Gevo, Inc., Willis Mike sold 048 shares at $0.54 on August 3, 2016. The Insider selling transaction had a total value worth of $026. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
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.