(VIANEWS) – Shares of Gevo (NASDAQ: GEVO) dropped by a staggering 27.27% in 21 sessions from $1.54 at 2023-03-27, to $1.12 at 14:38 EST on Wednesday, following the last session’s downward trend. NASDAQ is jumping 0.69% to $11,880.90, after two consecutive sessions in a row of losses.
Gevo’s last close was $1.12, 76.72% 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 $-0.42.
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%.
Sales Growth
Gevo’s sales growth is 1193.1% for the ongoing quarter and 2147.2% for the next.
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 3023483 which is 56.76% below its average volume of 6452510.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Gevo’s stock is considered to be overbought (>=80).
More news about Gevo (GEVO).
