Gevo Inc (NASDAQ: GEVO) Could See A Rise In Prices Shortly.

In the last trading session, 14.33 million shares of the Gevo Inc (NASDAQ:GEVO) were traded, and its beta was 2.90. Most recently the company’s share price was $0.66, and it changed around $0.06 or 10.14% from the last close, which brings the market valuation of the company to $160.40M. GEVO currently trades at a discount to its 52-week high of $1.86, offering almost -181.82% off that amount. The share price’s 52-week low was $0.60, which indicates that the current value has risen by an impressive 9.09% since then. We note from Gevo Inc’s average daily trading volume that its 3-month average coming to 6.41 million.

Gevo Inc stock received a consensus recommendation rating of Buy, based on a mean score of 2.00. If we narrow it down even further, the data shows that 0 out of 2 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended GEVO as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Gevo Inc is expected to report earnings per share of $GE Vernova Inc. for the current quarter.

Gevo Inc (NASDAQ:GEVO) trade information

Instantly GEVO has showed a green trend with a performance of 10.14% at the end of last trading. The performance over the last five days has remained in the green territory. The company’s shares are currently down -42.81% year-to-date, but still up 5.30% over the last five days. On the other hand, Gevo Inc (NASDAQ:GEVO) is -3.05% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $3.63, which translates to bulls needing to increase their stock price by 81.82% from its current value. Analyst projections state that GEVO is forecast to be at a low of $2.25 and a high of $5.

Gevo Inc (GEVO) estimates and forecasts

Gevo Inc share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -39.69 percent over the past six months and at a -10.71% annual growth rate that is well below the industry average of 11.20%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 45.44%. Gevo Inc earnings are expected to increase by -11.41% in 2024, but the outlook is positive 25.00% per year for the next five years.