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Tuesday, December 5, 2023

Investing In Gevo Inc (NASDAQ: GEVO): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Gevo Inc (GEVO) shows that investor sentiment remained same, with the stock’s consolidated last price to $1.23. The Gevo Inc has recorded 64,549 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Gevo Reports Third Quarter 2023 Financial Results.

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Stocks Info

The company is listed on the NASDAQ and operates within the Specialty Chemicals industry segment. At the end of the last regular session, the stock closed at $1.23 and fluctuated between $1.2400 as its day high and $1.1400 as its day low. The current market capitalization of Gevo Inc is $295.58M. A total of 4.59 million shares were traded on the day, compared to an average of 3.82M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, GEVO has seen 0 BUY and 8 SELL insider trades, representing the acquisition of 0 and the disposition of 547,768 shares. Over the last 12 months, there were 13 BUYs and 22 SELLs from insiders. Insiders purchased 2,375,029 shares during that period but sold 899,558.

In the most recent transaction, Gruber Patrick R. sold 171,549 shares of GEVO for 1.38 per share on Aug 23. After the transaction, the Chief Executive Officer now owns 2,963,646 company shares. In a previous transaction on Aug 23, Cesarek Timothy J sold 92,243 shares at 1.38 per share. GEVO shares that Chief Commercial Officer owns now total 946,304.

Among the insiders who sold shares, Bloom Paul D disposed of 87,253 shares on Aug 23 at a per-share price of $1.38. This resulted in the CCO & CIO holding 597,937 shares of GEVO after the transaction. In another insider transaction, Ryan Christopher Michael sold 83,902 shares at $1.38 per share on Aug 23. Company shares held by the President & COO now total 1,194,377.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for GEVO in the last 3 months, the mean price target is $4.52 with high estimates of $14.00 and low estimates of $1.50. In terms of 52-week highs and lows, GEVO has a high of $2.30 and a low of $0.97.

As of this writing, GEVO has an earnings estimate of -$0.06 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of -$0.04 per share and a lower estimate of -$0.08. The company reported an EPS of -$0.06 in the last quarter, which was -20.00% lower than expectations of -$0.05.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. GEVO’s latest balance sheet shows that the firm has $316.17M in Cash & Short Term Investments as of fiscal 2021. There were $90.85M in debt and $32.63M in liabilities at the time. Its Book Value Per Share was $2.38, while its Total Shareholder’s Equity was $547.25M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GEVO is Buy with a score of 3.80.

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