(VIANEWS) – Gevo (NASDAQ: GEVO) shares have experienced an extraordinary decrease of 31.58%, falling 67.55% off its 52-week high of EUR1.88 to close at EUR0.61. Across 21 sessions, shares of Gevo have experienced two consecutive sessions of losses, falling further on Tuesday to close at EUR0.61. In total, the entire NASDAQ market saw its value decline 0.42% as well.
About Gevo
Gevo, Inc. is a carbon abatement company that specializes in turning renewable energy into energy-dense liquid hydrocarbons for use as renewable fuels. Operating through three segments – Gevo, Agri-Energy and Renewable Natural Gas – this Colorado-based business offers renewable gasoline and diesel, isobutanol sustainable aviation fuel renewable natural gas isobutylene ethanol animal feed protein products and more. Originally founded as Methanotech, Inc. back in 2005 before being rebranded under Gevo in 2006. Based out of Englewood Colorado Gevo stands as one of Colorado’s premier renewable energy organizations offering innovative solutions that promote sustainability within their industry and community.
Yearly Analysis
Gevo’s stock currently trades at EUR0.61, below its 52-week low of EUR0.78. Nevertheless, sales are projected to experience substantial growth with projections for 15.1% this year and 36.2% in 2019. Unfortunately for Gevo, EBITDA stands at negative 2.11.
Given this information, investors should carefully consider how Gevo’s negative EBITDA could impede its ability to generate profitability in the future. They may also keep an eye on its ability to meet or surpass its projected sales growth goals as this could drive its stock price higher. Overall, investors must carefully examine Gevo’s financial health and growth prospects prior to making investment decisions.
Technical Analysis
Gevo’s stock price has been struggling to stay above both its 50-day and 200-day moving averages, currently trading at EUR0.77 which is considerably below their respective EUR0.94 and EUR1.23 averages. Nonetheless, today saw significantly increased trading volume; 7,442,611 shares changed hands compared to an average daily volume of 6,385,760.
However, the stock’s volatility has been decreasing over the past several weeks and months, with an intraday variation average for one week being negative 2.65%; two months were negative 1.911% while a quarter saw positive 4.08% – this corresponded to highest average weekly and monthly volatility values being 3.72% for both periods.
According to the stochastic oscillator, Gevo’s stock appears to be overbought with an oscillator reading of >=80; this suggests a potential price correction is imminent and investors should proceed with caution when making investments decisions regarding Gevo.
Quarter Analysis
Gevo’s sales growth for this quarter stands at 11.6% and projected for next quarter at 13.3%. Year-on-year revenue growth reached 17.2M across 12 trailing months for an increase of 702.60%.
Equity Analysis
Gevo’s trailing twelve months EPS stands at EUR-0.28; this indicates negative earnings per share and indicates the company is failing to generate profits for shareholders. Furthermore, Gevo’s return on equity for this period was negative at -11.39% indicating ineffective utilisation of shareholder’s equity for profit generation; these indicators may cause concern among potential investors.
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