Verbio (VBVBF) Set to Release Earnings on Thursday

Verbio (OTCMKTS:VBVBF) is projected to release its results before the market opens on Thursday, November 12th. Analysts expect the company to announce earnings of $0.5660 per share and revenue of $605.84 million for the quarter.

Verbio Price Performance

VBVBF stock opened at $29.84 on Thursday. Verbio has a 52 week low of $28.45 and a 52 week high of $53.13. The company’s 50-day moving average price is $34.70 and its 200 day moving average price is $35.67.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group raised shares of Verbio from a “hold” rating to a “buy” rating in a report on Thursday, October 15th. Two analysts have rated the stock with a Buy rating. According to MarketBeat.com, Verbio presently has an average rating of “Buy”.

About Verbio

Verbio SE is a Germany-based renewable energy company that produces biofuels and other products from agricultural materials and organic residues. Its activities include converting feedstocks such as straw, grain, and vegetable oils into lower-carbon alternatives to conventional fuels.

The company’s products include biomethane, biodiesel, and bioethanol, as well as bio-based chemicals and agricultural by-products. Verbio serves transport and industrial customers seeking renewable fuels and materials.

Founded in 2006, Verbio has expanded beyond its German roots, with operations and business activities in markets across Europe, North America, and Asia.