Gevo (NASDAQ:GEVO) will post its quarterly earnings results after the market closes on Wednesday, March 28th. Analysts expect Gevo to post earnings of ($0.26) per share for the quarter.
Shares of Gevo (NASDAQ GEVO) opened at $0.50 on Monday. Gevo has a 1 year low of $0.42 and a 1 year high of $1.36. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.23 and a current ratio of 1.54. The company has a market cap of $11.30, a P/E ratio of -0.29 and a beta of 2.53.
A hedge fund recently raised its stake in Gevo stock. Vanguard Group Inc. increased its position in shares of Gevo (NASDAQ:GEVO) by 22.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 486,959 shares of the energy company’s stock after acquiring an additional 89,020 shares during the quarter. Vanguard Group Inc. owned about 3.23% of Gevo worth $336,000 as of its most recent SEC filing. 4.04% of the stock is owned by institutional investors and hedge funds.
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Gevo, Inc, a renewable chemicals and biofuels company, focuses on the development and commercialization of alternatives to petroleum-based products based on isobutanol produced from renewable feedstocks in the United States. It operates through two segments, Gevo, Inc and Gevo Development/Agri-Energy.
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