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Gevo Stock Slides By 34% In The Last 21 Sessions

(VIANEWS) – Shares of Gevo (NASDAQ: GEVO) fell by a staggering 34.86% in 21 sessions from $1.75 at 2023-03-21, to $1.14 at 11:52 EST on Thursday, following the last session’s downward trend. NASDAQ is sliding 0.63% to $12,080.25, following the last session’s upward trend.

Gevo’s last close was $1.21, 74.84% below its 52-week high of $4.81.

About Gevo

Gevo, Inc. operates as a renewable fuels company. It operates through three segments: Gevo, Agri-Energy, and Renewable Natural Gas. The company offers renewable gasoline and diesel, isooctane, isobutanol, sustainable aviation fuel, renewable natural gas, isobutylene, ethanol, and animal feed and protein. 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 $-0.46.

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 -17%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Gevo’s EBITDA is -5.37.

Revenue Growth

Year-on-year quarterly revenue growth grew by 909.3%, now sitting on 1.18M for the twelve trailing months.

Volume

Today’s last reported volume for Gevo is 1635818 which is 75% below its average volume of 6317530.

More news about Gevo (GEVO).

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