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Gevo Inc. (NASDAQ:GEVO) Is Currently -237.45% Below Its 52-Week High, But Downside Potential Could Surprise You.

In last trading session, Gevo Inc. (NASDAQ:GEVO) saw 7.4 million shares changing hands with its beta currently measuring 3.25. Company’s recent per share price level of $2.35 trading at -$0.12 or -4.86% at ring of the bell on the day assigns it a market valuation of $541.79M. That closing price of GEVO’s stock is at a discount of -237.45% from its 52-week high price of $7.93 and is indicating a premium of 7.23% from its 52-week low price of $2.18. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 9.72 million shares which gives us an average trading volume of 9.82 million if we extend that period to 3-months.

For Gevo Inc. (GEVO), analysts’ consensus is at an average recommendation of a Buy while assigning it a mean rating of 1.70. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$0.08 in the current quarter.

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Gevo Inc. (NASDAQ:GEVO) trade information

Upright in the red during last session for losing -4.86%, in the last five days GEVO remained trading in the red while hitting it’s week-highest on Monday, 09/19/22 when the stock touched $2.35 price level, adding 10.65% to its value on the day. Gevo Inc.’s shares saw a change of -45.09% in year-to-date performance and have moved -6.00% in past 5-day. Gevo Inc. (NASDAQ:GEVO) showed a performance of -25.63% in past 30-days. Number of shares sold short was 53.23 million shares which calculate 3.77 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of $12.67 to the stock, which implies a rise of 81.45% to its current value. Analysts have been projecting $10.00 as a low price target for the stock while placing it at a high target of $18.00. It follows that stock’s current price would drop -665.96% in reaching the projected high whereas dropping to the targeted low would mean a loss of -325.53% for stock’s current value.

Gevo Inc. (GEVO) estimates and forecasts

Statistics highlight that Gevo Inc. is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -48.12% of value to its shares in past 6 months, showing an annual growth rate of 0.00% while that of industry is 13.40. The company is estimating its revenue growth to increase by 11.10% in the current quarter and calculating -28.60% decrease in the next quarter. This year revenue growth is estimated to rise 1,374.70% from the last financial year’s standing.

3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $400k for the same. And 3 analysts are in estimates of company making revenue of $750k in the next quarter that will end on Sep 2022. Company posted $422k and $270k of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to shrink by -5.20% while estimating it to be 177.80% for the next quarter.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 72.50% during past 5 years. In 2022, company’s earnings growth rate is likely to be around 57.20% while estimates for its earnings growth in next 5 years are of 25.00%.

GEVO Dividends

Gevo Inc. is more likely to be releasing its next quarterly report between March 15 and March 21 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

Gevo Inc. (NASDAQ:GEVO)’s Major holders

Insiders are in possession of 2.90% of company’s total shares while institution are holding 44.65 percent of that, with stock having share float percentage of 45.99%. Investors also watch the number of corporate investors in a company very closely, which is 44.65% institutions for Gevo Inc. that are currently holding shares of the company. State Street Corporation is the top institutional holder at GEVO for having 23.83 million shares of worth $111.53 million. And as of Mar 30, 2022, it was holding 11.81% of the company’s outstanding shares.

The second largest institutional holder is Blackrock Inc., which was holding about 14.03 million shares on Mar 30, 2022. The number of shares represents firm’s hold over 6.96% of outstanding shares, having a total worth of $65.67 million.

On the other hand, SPDR (R) Ser Tr-SPDR (R) S&P (R) Oil & Gas Explor & Prod ETF and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Jun 29, 2022, the former fund manager was holding 31.07 million shares of worth $73.01 million or 15.40% of the total outstanding shares. The later fund manager was in possession of 5.43 million shares on Mar 30, 2022, making its stake of worth around $25.43 million in the company or a holder of 2.69% of company’s stock.

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