During the last session, Gevo Inc (NASDAQ:GEVO)’s traded shares were 2.77 million, with the beta value of the company hitting 2.89. At the end of the trading day, the stock’s price was $0.66, reflecting an intraday loss of -6.46% or -$0.05. The 52-week high for the GEVO share is $1.86, that puts it down -181.82 from that peak though still a striking 10.61% gain since the share price plummeted to a 52-week low of $0.59. The company’s market capitalization is $160.57M, and the average trade volume was 6.32 million shares over the past three months.
Gevo Inc (NASDAQ:GEVO) trade information
Gevo Inc (GEVO) registered a -6.46% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -6.46% in intraday trading to $0.66, hitting a weekly high. The stock’s 5-day price performance is 7.81%, and it has moved by 6.17% in 30 days. Based on these gigs, the overall price performance for the year is -45.12%.
Gevo Inc (GEVO) estimates and forecasts
Statistics show that Gevo Inc has underperformed its competitors in share price, compared to the industry in which it operates. Gevo Inc (GEVO) shares have gone down -34.25% during the last six months, with a year-to-date growth rate less than the industry average at -14.29% against 8.30. In the rating firms’ projections, revenue will increase 13.80% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 4.4M as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 4.39M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 4.06M and 4.24M respectively. In this case, analysts expect current quarter sales to grow by 8.40% and then jump by 3.60% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 45.44%. While earnings are projected to return -14.98% in 2024, the next five years will return 25.00% per annum.
GEVO Dividends
Gevo Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
