Green Plains (GPRE) : Traders are bullish on Green Plains (GPRE) as it has outperformed the S&P 500 by a wide margin of 6.31% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.15%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.47% in the last 1 week, and is up 6.08% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 5.43% and the fifty day Moving Average is 12.08%. Green Plains Inc. is up 32.42% in the last three month period. Year-to-Date the stock performance stands at 5.07%.
Green Plains (GPRE) : 4 Wall Street analysts covering Green Plains (GPRE) believe that the average level the stock could reach for the short term is $24.5. The maximum price target given is $28 and the minimum target for short term is around $20, hence the standard deviation is calculated at $3.32.
Green Plains (NASDAQ:GPRE): On Fridays trading session , Opening price of the stock was $24.37 with an intraday high of $24.765. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $23.91. However, the stock managed to close at $24.06, a loss of 0.82% for the day. On the previous day, the stock had closed at $24.26. The total traded volume of the day was 647,987 shares.
Green Plains Inc. is a producer, marketer and distributor of ethanol. The Company operates in four segments: Ethanol Production segment, which is engaged in the production of ethanol and related distillers grain; Corn Oil Production segment, which is engaged in corn oil extraction systems; Agribusiness segment, which is engaged in grain handling and storage and cattle feedlot operations, and Marketing and Distribution segment, which is engaged in marketing and providing logistical services for ethanol and other commodities for a third-party ethanol producer. It owns an ethanol production facility, which includes approximately 100 million gallons per year of production capacity, a corn oil extraction system and other related assets. It processes approximately 12 million tons of corn annually, producing over 1.2 billion gallons of ethanol, approximately 3.4 million tons of livestock feed and approximately 275 million pounds of industrial grade corn oil at full capacity.