Gevo (GEVO) Reaches New 1-Year High and Low at $0.27

Gevo, Inc. (NASDAQ:GEVO) hit a new 52-week high and low during mid-day trading on Thursday . The company traded as low as $0.27 and last traded at $0.27, with a volume of 2284 shares traded. The stock had previously closed at $0.30.

GEVO has been the topic of a number of research reports. ValuEngine raised shares of Gevo from a “sell” rating to a “hold” rating in a research note on Friday, February 2nd. Zacks Investment Research raised shares of Gevo from a “sell” rating to a “hold” rating in a research note on Tuesday, March 13th. Finally, HC Wainwright reaffirmed a “hold” rating on shares of Gevo in a research note on Tuesday, May 15th.

The company has a market cap of $7.73 million, a price-to-earnings ratio of -0.16 and a beta of 2.34. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.23 and a current ratio of 1.82.

Gevo (NASDAQ:GEVO) last announced its earnings results on Wednesday, March 28th. The energy company reported ($0.20) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.26) by $0.06. The firm had revenue of $6.68 million for the quarter, compared to analyst estimates of $5.70 million. Gevo had a negative net margin of 70.28% and a negative return on equity of 32.15%. equities analysts predict that Gevo, Inc. will post -0.88 earnings per share for the current year.

About Gevo

Gevo, Inc, a renewable chemicals and biofuels company, focuses on the development and commercialization of alternatives to petroleum-based products based on isobutanol produced from renewable feedstocks in the United States. It operates through two segments, Gevo, Inc and Gevo Development/Agri-Energy.

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