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Check out this: Gevo Inc (GEVO) could be on the verge of a big rally

Gevo Inc (NASDAQ: GEVO) is -11.00% lower 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 make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GEVO stock was last observed hovering at around $1.75 in the last trading session, with the day’s gains setting it 0.11%.

Currently trading at $1.86, the stock is -8.30% and 2.38% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.73 million and changing 6.29% at the moment leaves the stock 47.60% off its SMA200. GEVO registered 101.52% gain for a year compared to 6-month gain of 244.44%. The firm has a 50-day simple moving average (SMA 50) of $1.8084 and a 200-day simple moving average (SMA200) of $1.254.

The stock witnessed a -19.83% loss in the last 1 month and extending the period to 3 months gives it a -20.17%, and is 6.29% up 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 7.39% over the week and 9.58% over the month.

Gevo Inc (GEVO) has around 103 employees, a market worth around $445.30M and $15.59M in sales. Profit margin for the company is -510.04%. Distance from 52-week low is 287.42% and -45.13% 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 -32.67% this year.

Gevo Inc (GEVO) Top Institutional Holders

124.0 institutions hold shares in Gevo Inc (GEVO), with institutional investors hold 19.48% of the company’s shares. The shares outstanding are 239.41M, and float is at 227.15M with Short Float at 14.31%. Institutions hold 18.63% 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

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Still, SEC filings show that on Nov 21 ’24, Bowron Kimberly T (Chief People and IT Officer) disposed off 14,241 shares at an average price of $1.29 for $18371.0. The insider now directly holds 0 shares of Gevo Inc (GEVO).

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