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Gevo Stock Is 31% Down In The Last 21 Sessions

(VIANEWS) – Shares of Gevo (NASDAQ: GEVO) fell by a staggering 31.53% in 21 sessions from $1.66 at 2023-03-22, to $1.14 at 12:08 EST on Friday, after two consecutive sessions in a row of losses. NASDAQ is sliding 0.15% to $12,041.77, following the last session’s downward trend.

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 $-0.46.

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%.

Yearly Top and Bottom Value

Gevo’s stock is valued at $1.14 at 12:08 EST, under its 52-week low of $1.20.

Volume

Today’s last reported volume for Gevo is 2842506 which is 58.83% below its average volume of 6322750.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is 37.5% and a drop 16.7% for the next.

More news about Gevo (GEVO).

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