Positive Press Coverage Somewhat Unlikely to Affect Gevo (GEVO) Stock Price
Media headlines about Gevo (NASDAQ:GEVO) have trended positive on Sunday, Accern reports. The research group identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Gevo earned a coverage optimism score of 0.30 on Accern’s scale. Accern also assigned media stories about the energy company an impact score of 47.8746967297056 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
A number of research analysts have recently issued reports on the stock. Zacks Investment Research raised shares of Gevo from a “hold” rating to a “buy” rating and set a $0.75 price objective on the stock in a research report on Friday, January 5th. HC Wainwright downgraded shares of Gevo from a “buy” rating to a “neutral” rating and set a $12.00 price objective on the stock. in a research report on Tuesday, January 9th. Finally, ValuEngine raised shares of Gevo from a “sell” rating to a “hold” rating in a research report on Friday, February 2nd.
Shares of Gevo (NASDAQ:GEVO) remained flat at $$0.47 during trading on Friday. The company had a trading volume of 220,741 shares, compared to its average volume of 409,910. The company has a current ratio of 1.54, a quick ratio of 1.23 and a debt-to-equity ratio of 0.21. Gevo has a 1 year low of $0.42 and a 1 year high of $1.36. The stock has a market cap of $10.29, a PE ratio of -0.27 and a beta of 2.53.
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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