(VIANEWS) – Shares of Gevo (NASDAQ: GEVO) slid by a staggering 27.62% in 30 days from $3.16 to $2.29 at 14:56 EST on Friday, following the last session’s downward trend. NASDAQ is sliding 0.26% to $10,709.22, following the last session’s downward trend.

Gevo’s last close was $2.28, 71.25% under its 52-week high of $7.93.

About Gevo

Gevo, Inc. is a company that produces renewable fuels. The company operates in four segments, Gevo, Agri-Energy and Renewable Natural Gas. It sells jet fuel and gasoline to reduce carbon emissions and greenhouse gas emissions. The company’s products include isooctane and isobutanol as well as renewable gasoline, diesel, isobutanol and sustainable aviation fuel. It also offers ethanol, animal feed, protein, and renewable natural gas. Gevo, Inc. is a partner in a strategic alliance for sustainable aviation fuel project development and ethanol-tojet technology. The company used to be known as Methanotech, Inc., but changed its name in March 2006 to Gevo, Inc. Gevo, Inc. was founded in 2005. It is located in Englewood, Colorado.

Earnings Per Share

As for profitability, Gevo has a trailing twelve months EPS of $-0.706.

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 -11.47%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is 11.1% and a drop 28.6% for the next.

More news about Gevo (GEVO).


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