Gevo (NASDAQ:GEVO) : Average target price received by Gevo (NASDAQ:GEVO) is $3 with an expected standard deviation of $2.83. The most aggressive target on the stock is $5, whereas the most downbeat target is $1. 2 financial analysts are currently covering the stock.
Shares of Gevo, Inc. rose by 1.72% in the last five trading days and 73.53% for the last 4 weeks. Gevo, Inc. is up 136% in the last 3-month period. Year-to-Date the stock performance stands at -4.84%.
Gevo (NASDAQ:GEVO) : 2 analysts are covering Gevo (NASDAQ:GEVO) and their average rating on the stock is 2, which is read as a Buy. 1 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Gevo (NASDAQ:GEVO): The stock opened at $0.61 on Thursday but the bulls could not build on the opening and the stock topped out at $0.61 for the day. The stock traded down to $0.56 during the day, due to lack of any buying support eventually closed down at $0.59 with a loss of -3.23% for the day. The stock had closed at $0.61 on the previous day. The total traded volume was 6,679,004 shares.
In an insider trading activity,The officer (President and COO) of Gevo, Inc., Ryan Christopher Michael sold 070 shares at $0.61 on June 20, 2016. The Insider selling transaction had a total value worth of $043. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
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.