(VIANEWS) – Shares of Gevo (NASDAQ: GEVO) slid by a staggering 32.83% in 30 days from $3.29 to $2.21 at 11:15 EST on Friday, after three successive sessions in a row of losses. NASDAQ is dropping 1.93% to $10,853.61, after three successive sessions in a row of losses.

Gevo’s last close was $2.35, 70.37% below 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.

Volume

Today’s last reported volume for Gevo is 3534321 which is 63.27% below its average volume of 9623326.

Gevo’s Sales

Gevo’s sales growth is a negative 5.2% for the present quarter and 177.8% for the next. The company’s growth estimates for the ongoing quarter is 11.1% and a drop 28.6% for the next.

Gevo’s Revenue

Year-on-year quarterly revenue growth grew by 149.5%, now sitting on 850k for the twelve trailing months.

Volatility

Gevo’s last week, last month’s, and last quarter’s current intraday variation average was a negative 3.31%, a negative 1.78%, and a positive 4.32%, respectively.

Gevo’s highest amplitude of average volatility was 3.88% (last week), 4.27% (last month), and 4.32% (last quarter), respectively.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions,

Gevo’s stock is considered to be overbought (>=80).

Gevo’s Stock Yearly Top and Bottom Value

Gevo’s stock is valued at $2.21 at 11:16 EST, way below its 52-week high of $7.93 and above its 52-week low of $2.18.

Gevo’s Moving Average

Gevo’s worth is way below its 50-day moving average of $2.91 and way under its 200-day moving average of $3.64.

More news about Gevo (GEVO).

LEAVE A REPLY

Please enter your comment!
Please enter your name here