(VIANEWS) – Shares of Gevo (NASDAQ: GEVO) fell 9.31% to $1.32 at 15:03 EST on Wednesday, after four sequential sessions in a row of losses. NASDAQ is dropping 1.14% to $11,987.81, after two sequential sessions in a row of losses. This seems, so far, an all-around bearish trend trading session today.
Gevo’s last close was $1.45, 72.33% under its 52-week high of $5.24.
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%.
Volume
Today’s last reported volume for Gevo is 3856468 which is 39.02% below its average volume of 6324390.
Moving Average
Gevo’s value is way below its 50-day moving average of $1.88 and way below its 200-day moving average of $2.28.
Yearly Top and Bottom Value
Gevo’s stock is valued at $1.32 at 15:03 EST, way below its 52-week low of $1.49.
More news about Gevo (GEVO).
