Gevo (NASDAQ:GEVO) has climbed 37.7% in the past week and advanced 89.56% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 39.35% and the outperformance has advanced to 87.83% for the last 4 weeks period.
Gevo (NASDAQ:GEVO): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $0.64 and $0.60 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $0.66. The buying momentum continued till the end and the stock did not give up its gains. It closed at $0.60, notching a gain of 1.49% for the day. The total traded volume was 16,798,674 . The stock had closed at $0.59 on the previous day.
The company shares have dropped -83.91% from its 1 Year high price. On Jun 25, 2015, the shares registered one year high at $3.88 and the one year low was seen on Apr 6, 2016. The 50-Day Moving Average price is $0.39 and the 200 Day Moving Average price is recorded at $0.45.
On the companys insider trading activities, Ryan Christopher Michael, officer (President and COO) of Gevo, Inc., unloaded 121 shares at an average price of $0.44 on June 13, 2016. The total amount of the transaction was worth $053, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Currently the company Insiders own 1.3% of Gevo shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 3.62% . Institutional Investors own 5.58% of Gevo shares. During last six month period, the net percent change held by insiders has seen a change of 9.42%.
Gevo, Inc. (Gevo) is a renewable chemicals and biofuels company. The Compnay is focused on the development and commercialization of alternatives to petroleum-based products based on isobutanol produced from renewable feedstocks. The Company operates through two segments: the Gevo, Inc. and the Gevo Development/Agri-Energy. The Gevo, Inc. segment is responsible for all research and development activities related to the production of isobutanol, including the development of its biocatalysts, the production and sale of biojet fuel. The Gevo Development/Agri-Energy Segment is responsible for the operation of its Agri-Energy Facility and the production of ethanol, isobutanol and related products.