Gevo Inc (NASDAQ: GEVO) is 23.28% higher on its value in year-to-date trading and has touched a low of $0.48 and a high of $3.39 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GEVO stock was last observed hovering at around $1.44 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $1.43, the stock is -31.62% and -24.92% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.07 million and changing -0.69% at the moment leaves the stock 43.04% off its SMA200. GEVO registered 16.26% gain for a year compared to 6-month gain of 107.10%. The firm has a 50-day simple moving average (SMA 50) of $1.89 and a 200-day simple moving average (SMA200) of $0.99655.
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The stock witnessed a -56.53% loss in the last 1 month and extending the period to 3 months gives it a 83.78%, and is -12.80% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.50% over the week and 11.34% over the month.
Gevo Inc (GEVO) has around 103 employees, a market worth around $342.36M and $15.59M in sales. Profit margin for the company is -510.04%. Distance from 52-week low is 197.85% and -57.82% from its 52-week high. The company has generated returns on investments over the last 12 months (-13.87%).
The EPS is expected to shrink by -9.36% this year.
Gevo Inc (GEVO) Top Institutional Holders
127.0 institutions hold shares in Gevo Inc (GEVO), with institutional investors hold 19.58% of the company’s shares. The shares outstanding are 240.50M, and float is at 226.33M with Short Float at 14.16%. Institutions hold 18.73% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 17.31 million shares valued at $9.65 million. The investor’s holdings represent 7.1889% of the GEVO Shares outstanding. As of 2024-06-30, the second largest holder is MILLENNIUM MANAGEMENT LLC with 5.18 million shares valued at $2.89 million to account for 2.1523 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 4.73 million shares representing 1.962% and valued at over $2.63 million, while JANE STREET GROUP, LLC holds 1.4409 of the shares totaling 3.47 million with a market value of $1.93 million.
Gevo Inc (GEVO) Insider Activity
The most recent transaction is an insider sale by Shafer Andrew, the company’s Chief Cust Mkt & Brnd Officer. SEC filings show that Shafer Andrew sold 26,911 shares of the company’s common stock on Nov 05 ’24 at a price of $2.37 per share for a total of $63661.0. Following the sale, the insider now owns 0.33 million shares.
Still, SEC filings show that on Oct 17 ’24, Bloom Paul D (CCO & CIO) disposed off 16,000 shares at an average price of $3.06 for $48973.0. The insider now directly holds 947,882 shares of Gevo Inc (GEVO).