Gevo, Inc. (NASDAQ:GEVO) reached a new 52-week high and low on Friday . The company traded as low as $0.22 and last traded at $0.23, with a volume of 20863 shares changing hands. The stock had previously closed at $0.27.
A number of equities research analysts have recently weighed in on GEVO shares. Zacks Investment Research raised Gevo from a “sell” rating to a “hold” rating in a research note on Tuesday, March 13th. ValuEngine raised Gevo from a “sell” rating to a “hold” rating in a research note on Friday, February 2nd. Finally, HC Wainwright reissued a “hold” rating on shares of Gevo in a research note on Tuesday, May 15th.
Get Gevo alerts:The company has a current ratio of 1.82, a quick ratio of 1.23 and a debt-to-equity ratio of 0.23.
Gevo (NASDAQ:GEVO) last announced its quarterly earnings results on Wednesday, March 28th. The energy company reported ($0.20) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.26) by $0.06. Gevo had a negative return on equity of 32.15% and a negative net margin of 70.28%. The company had revenue of $6.68 million for the quarter, compared to the consensus estimate of $5.70 million. research analysts forecast that Gevo, Inc. will post -0.88 EPS for the current year.
Gevo Company Profile
Gevo, Inc, a renewable chemicals and biofuels company, focuses on the development and commercialization of alternatives to petroleum-based products based on isobutanol produced from renewable feedstocks in the United States. It operates through two segments, Gevo, Inc and Gevo Development/Agri-Energy.
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