(VIANEWS) – Shares of Gevo (NASDAQ: GEVO) fell by a staggering 16.48% in 5 sessions from $1.81 at -16.48, to $1.51 at 15:17 EST on Thursday, following the last session’s downward trend. NASDAQ is rising 1.24% to $11,814.57, after three successive sessions in a row of gains.
Gevo’s last close was $1.67, 69.67% below its 52-week high of $5.49.
About Gevo
Gevo, Inc. operates as a renewable fuels company. It operates through four segments: Gevo, Agri-Energy, Renewable Natural Gas, and Net-Zero. The company commercializes gasoline, jet fuel, and diesel fuel to achieve zero carbon emissions, and reduce greenhouse gas emissions with sustainable alternatives. Its products also include renewable gasoline and diesel, isooctane, isobutanol, sustainable aviation fuel, renewable natural gas, isobutylene, ethanol, and animal feed and protein. Gevo, Inc. has a strategic alliance with Axens North America, Inc. for ethanol-to-jet technology and sustainable aviation fuel commercial project development. The company was formerly known as Methanotech, Inc. and changed its name to Gevo, Inc. in March 2006. Gevo, Inc. was incorporated in 2005 and is headquartered in Englewood, Colorado.
Earnings Per Share
As for profitability, Gevo has a trailing twelve months EPS of $-0.706.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -15.05%.
Moving Average
Gevo’s worth is way below its 50-day moving average of $1.96 and way under its 200-day moving average of $2.43.
More news about Gevo (GEVO).
