(VIANEWS) – Shares of Gevo (NASDAQ: GEVO) rose by a staggering 27.5% in 21 sessions from $1.2 at 2023-05-10, to $1.53 at 15:46 EST on Friday, following the last session’s downward trend. NASDAQ is jumping 0.33% to $13,282.55, following the last session’s upward trend.

Gevo’s last close was $1.58, 61.56% below its 52-week high of $4.11.

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 $-0.43.

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 -17.72%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Gevo’s stock is considered to be oversold (<=20).

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