Gevo Stock Bearish Momentum With A 32% Drop In The Last 21 Sessions

(VIANEWS) – Shares of Gevo (NASDAQ: GEVO) fell by a staggering 32.47% in 21 sessions from $1.54 at 2023-03-31, to $1.04 at 12:37 EST on Tuesday, following the last session’s downward trend. NASDAQ is dropping 1.44% to $12,037.23, following the last session’s downward trend.

Gevo’s last close was $1.07, 77.75% under 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 $-0.45.

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%.

More news about Gevo (GEVO).

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