Less Than One Hour Before The Market Open, Gevo Is Up By 5%

(VIANEWS) – The NASDAQ opens in less than one hour and Gevo‘s pre-market value is already 5.72% up.

Gevo’s last close was $0.73, 61.17% below its 52-week high of $1.88.

The last session, NASDAQ ended with Gevo (GEVO) jumping 19.98% to $0.73. NASDAQ rose 0.51% to $16,399.52, following the last session’s upward trend on what was a somewhat bullish trend trading session.

About Gevo

Gevo, Inc. operates as a carbon abatement company. It operates through three segments: Gevo, Agri-Energy, and Renewable Natural Gas. The company focuses on transforming renewable energy into energy-dense liquid hydrocarbons that can be used as renewable fuels. It offers renewable gasoline and diesel, 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 $-0.28.

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 -11.39%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 702.6%, now sitting on 17.2M for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is 14.3% and a drop 33.3% for the next.

Yearly Top and Bottom Value

Gevo’s stock is valued at $0.73 at 09:26 EST, under its 52-week low of $0.78.

Moving Average

Gevo’s worth is way below its 50-day moving average of $0.94 and way below its 200-day moving average of $1.23.

More news about Gevo (GEVO).

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