Gevo Inc (NASDAQ:GEVO) price on Thursday, May 09,rose 1.39% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $0.76.
A look at the stock’s price movement, the close in the last trading session was $0.75. Turning to its 52-week performance, $1.86 and $0.57 were the 52-week high and 52-week low respectively. Overall, GEVO moved 7.25% over the past month.
Gevo Inc’s market cap currently stands at around $178.64 million.
Turning to the stock’s technical picture we see that short term indicators suggest on average that GEVO is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
GEVO’s current price about 13.97% and 6.82% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 57.24, while 7-day volatility ratio is 8.50% and 9.59% in the 30-day chart. Further, Gevo Inc (GEVO) has a beta value of 2.91, and an average true range (ATR) of 0.06.
If we refocus on Gevo Inc (NASDAQ:GEVO), historical trading data shows that trading volumes averaged 6.33 million over the past 3 months. The company’s latest data on shares outstanding shows there are 240.50 million shares.
The 3.91% of Gevo Inc’s shares are in the hands of company insiders while institutional holders own 38.60% of the company’s shares. Current price change has pushed the stock -34.81% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the GEVO stock continues to rise going into the next quarter.