Gevo Inc (NASDAQ:GEVO) traded at $0.71 at close of the session on Monday, April 29, made an upward move of 10.04% on its previous day’s price.
Looking at the stock we see that its previous close was $0.65. In terms of its 52-week price range, GEVO has a high of $1.86 and a low of $0.57. The company’s stock has lost about -7.32% over that past 30 days.
Gevo Inc has a market cap of $172.24 million. Estimates by analysts give the company expected earnings per share (EPS) of -$0.07, with the EPS growth for the year raised at -$0.31 for 2024 and -$0.39 for next year. These figures represent -10.70% and -25.80% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $4.4 million, with a low of $4 million and a high of $4.66 million. The median projection represents growth squeezing down to 8.40% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $19.83 million, or 15.30% up from figures reported last year.
On the other hand, looking at the outlook for the GEVO stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 100% Sell. Long term indicators on average place the stock in the category of 100% Sell.
Looking further, we note the current price level is 4.79% off its SMA20 and -3.55% from its 50-day simple moving average. The RSI (14) is pointing at 52.60 while the volatility over the past week is 10.81% and jumps to 9.06% over the past one month. The beta value is 2.89, while the average true range (ATR) is currently pointing at 0.06.
Coming back to Gevo Inc (NASDAQ:GEVO), we note that the average 3-month trading volume was 6.37 million. Current shares outstanding are 240.50 million.
The insiders hold 3.96% of the company’s shares while institutions hold 36.85%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -38.59% down in year-to-date price movement.
