Shares of Gevo (GEVO) Rally 1.85%

Gevo (GEVO) has been under a strong bear grip, hence the stock is down -12.03% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.35% in the past 1 week. The stock has risen by 1.85% in the past week indicating that the buyers are active at lower levels, but the stock is down -8.18% in the past 4 weeks. The stock has recorded a 20-day Moving Average of 4.83% and the 50-Day Moving Average is 18.18%.

Gevo (NASDAQ:GEVO): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $0.54 and $0.53 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $0.55. The buying momentum continued till the end and the stock did not give up its gains. It closed at $0.55, notching a gain of 0.94% for the day. The total traded volume was 3,465,086 . The stock had closed at $0.54 on the previous day.


The company Insiders own 1.3% of Gevo shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 5.56% . Institutional Investors own 2.42% of Gevo shares. During last six month period, the net percent change held by insiders has seen a change of 11.94%. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (CFO) of Gevo, Inc., Willis Mike had sold 021 shares worth of $012 in a transaction dated July 12, 2016. In this transaction, 021 shares were sold at $0.58 per share.

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.

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