Gevo Stock Bullish Momentum With A 9% Jump So Far On Wednesday

(VIANEWS) – Shares of Gevo (NASDAQ: GEVO) jumped 9.22% to $1.13 at 14:54 EST on Wednesday, after two sequential sessions in a row of losses. NASDAQ is rising 0.6% to $12,153.32, after two sequential sessions in a row of losses. This seems, up until now, a somewhat up trend trading session today.

Gevo’s last close was $1.03, 78.59% 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 $-0.39.

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 1111.2% for the present quarter and 3641.6% for the next.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Gevo’s EBITDA is -5.37.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is 25% and a drop 16.7% for the next.

Volume

Today’s last reported volume for Gevo is 3128880 which is 51.44% below its average volume of 6443720.

More news about Gevo (GEVO).

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