Gevo Inc (NASDAQ:GEVO) price closed lower on Monday, April 15, dropping -2.14% below its previous close.
A look at the daily price movement shows that the last close reads $0.63. The company’s 5Y monthly beta was ticking 2.88. Taking into account the 52-week price action we note that the stock hit a 52-week high of $1.86 and 52-week low of $0.60. The stock subtracted -6.05% on its value in the past month.
Gevo Inc, which has a market valuation of $149.06 million, is expected to release its quarterly earnings report May 08, 2024 – May 13, 2024.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give GEVO a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
The overview shows that GEVO’s price is at present -11.31% off the SMA20 and -21.97% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 37.09, with weekly volatility standing at 8.89%. The indicator jumps to 8.33% when calculated based on the past 30 days. Gevo Inc (NASDAQ:GEVO)’s beta value is holding at 2.90, while the average true range (ATR) indicator is currently reading 0.06.
An analysis of the Gevo Inc (NASDAQ:GEVO) stock in terms of its daily trading volume indicates that the 3-month average is 7.06 million.
Current records show that the company has 240.50M in outstanding shares. The insiders’ percentage holdings are 3.96% of outstanding shares while the percentage share held by institutions stands at 36.89%. But the -46.85% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
