Gevo, Inc. (NASDAQ: GEVO), an alternative fuels company specializing in renewables fuels, experienced an impressive 28.24% uptick over 21 sessions; moving from .31 on June 26, 2023, to .68 on Wednesday afternoon — this outpaced NASDAQ’s general downward trend by 0.45% after two consecutive gains were seen on this exchange.
Key Business Segments
Englewood-based Gevo, Agri-Energy and Renewable Natural Gas operates through three key segments. These include Gevo, Agri-Energy and Renewable Natural Gas; they offer renewable fuels including gasoline and diesel as well as isooctane isobutanol renewable aviation fuel and renewable natural gas; additionally they supply additional products like ethanol animal feed protein products to meet all their customers’ needs.
Recent Stock Performance
Gevo’s stock had seen some gains recently; however, its most recent close was only 0.71 which is 54.16% below its 52-week high of .73 and suggests significant volatility for their shares. Furthermore, with an ROE of -17.72% over the trailing twelve month period may make Gevo seem less appealing as an investment proposition; yet their trailing 12-month EPS stands at 0.44 suggesting some form of financial security.
Future Growth Projections
Future growth projections look bright for Gevo Energy; its projected quarterly and yearly projections for this quarter and next are 16.7% and 73.7%, respectively. Although figures can fluctuate significantly depending on market forces, investors could be drawn in by these numbers that show growing renewable energy sector interest. Unfortunately, Gevo’s Earnings Before Interest, Taxes Depreciation and Amortization (EBITDA) stands at -2.44 which indicates some difficulty in their operations’ profitability operations.
Current Market Valuation
And finally, Gevo’s stock value currently sits almost double its 50-day moving average of .38 and significantly under its 200-day moving average of .77 — suggesting an overreaction and stretched valuations by market participants. Therefore, potential Gevo investors should remain mindful during such fluctuations, closely tracking market trends as well as Gevo’s financial health to avoid overreaction by markets.
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