Gevo Inc (NASDAQ:GEVO) shares were down 5.9% during trading on Thursday . The company traded as low as $4.12 and last traded at $4.29. Approximately 529,018 shares changed hands during trading, a decline of 36% from the average daily volume of 832,918 shares. The stock had previously closed at $4.56.

Several analysts have recently weighed in on the stock. Zacks Investment Research raised shares of Gevo from a “sell” rating to a “hold” rating in a report on Tuesday, July 17th. HC Wainwright raised shares of Gevo from a “neutral” rating to a “buy” rating in a report on Friday, September 7th. Finally, ValuEngine raised shares of Gevo from a “hold” rating to a “buy” rating in a report on Monday, June 18th.

The firm has a market capitalization of $38.56 million, a price-to-earnings ratio of -0.13 and a beta of 2.70. The company has a current ratio of 11.09, a quick ratio of 10.19 and a debt-to-equity ratio of 0.12.

Gevo (NASDAQ:GEVO) last posted its quarterly earnings data on Wednesday, August 8th. The energy company reported ($3.31) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($5.80) by $2.49. The company had revenue of $9.42 million during the quarter, compared to analyst estimates of $5.90 million. Gevo had a negative net margin of 70.32% and a negative return on equity of 26.55%. equities research analysts predict that Gevo Inc will post -6.73 earnings per share for the current fiscal year.

In other news, CEO Patrick R. Gruber acquired 10,000 shares of the company’s stock in a transaction dated Thursday, August 16th. The stock was bought at an average price of $2.93 per share, with a total value of $29,300.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Johannes Minho Roth acquired 137,170 shares of the company’s stock in a transaction dated Friday, August 17th. The shares were purchased at an average cost of $3.07 per share, with a total value of $421,111.90. Following the acquisition, the director now owns 19,424 shares of the company’s stock, valued at approximately $59,631.68. The disclosure for this purchase can be found here. Company insiders own 0.05% of the company’s stock.

An institutional investor recently bought a new position in Gevo stock. Bank of Montreal Can purchased a new stake in Gevo Inc (NASDAQ:GEVO) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 30,000 shares of the energy company’s stock, valued at approximately $114,000. Bank of Montreal Can owned approximately 0.65% of Gevo at the end of the most recent reporting period. Institutional investors and hedge funds own 4.64% of the company’s stock.

Gevo Company Profile (NASDAQ:GEVO)

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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