Schwab Charles Investment Management Inc. Maintains Stake in Gevo, Inc. (GEVO)
Schwab Charles Investment Management Inc. continued to hold its position in Gevo, Inc. (NASDAQ:GEVO) during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 301,600 shares of the energy company’s stock at the end of the second quarter. Schwab Charles Investment Management Inc. owned approximately 2.00% of Gevo worth $208,000 at the end of the most recent quarter.
Gevo, Inc. (NASDAQ GEVO) opened at $0.63 on Monday. Gevo, Inc. has a 12 month low of $0.53 and a 12 month high of $9.00. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.23 and a current ratio of 1.54.
Gevo (NASDAQ:GEVO) last announced its earnings results on Monday, November 6th. The energy company reported ($0.36) earnings per share for the quarter, beating the consensus estimate of ($0.41) by $0.05. Gevo had a negative return on equity of 40.58% and a negative net margin of 84.42%. The company had revenue of $7.70 million for the quarter, compared to the consensus estimate of $5.49 million. research analysts anticipate that Gevo, Inc. will post -1.69 EPS for the current year.
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Gevo Company Profile
Gevo, Inc (Gevo) is a renewable chemicals and next generation biofuels company. The Company has developed a technology that uses a combination of synthetic biology, metabolic engineering, chemistry and chemical engineering to focus primarily on the production of isobutanol, as well as related products from renewable feedstock.
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