Green Plains Inc (NASDAQ:GPRE) Director Ejnar A. Knudsen III Acquires 30,000 Shares
Green Plains Inc (NASDAQ:GPRE) Director Ejnar A. Knudsen III acquired 30,000 shares of Green Plains stock in a transaction on Friday, March 20th. The stock was purchased at an average price of $4.79 per share, with a total value of $143,700.00. Following the purchase, the director now owns 71,956 shares of the company’s stock, valued at approximately $344,669.24. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Shares of NASDAQ GPRE opened at $5.09 on Thursday. The company has a current ratio of 1.23, a quick ratio of 0.77 and a debt-to-equity ratio of 0.33. Green Plains Inc has a twelve month low of $3.77 and a twelve month high of $17.74. The stock has a 50 day moving average of $10.18 and a two-hundred day moving average of $12.34. The stock has a market cap of $190.11 million, a P/E ratio of -1.16 and a beta of 1.27.
Green Plains (NASDAQ:GPRE) last issued its quarterly earnings data on Monday, February 10th. The specialty chemicals company reported ($1.13) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.52) by ($0.61). Green Plains had a negative net margin of 5.78% and a negative return on equity of 15.30%. The firm had revenue of $715.68 million during the quarter, compared to analysts’ expectations of $580.00 million. As a group, research analysts predict that Green Plains Inc will post -1.05 earnings per share for the current year.
GPRE has been the subject of a number of research reports. Zacks Investment Research upgraded Green Plains from a “sell” rating to a “hold” rating in a research note on Thursday, March 12th. BidaskClub cut Green Plains from a “hold” rating to a “sell” rating in a research note on Saturday, March 7th. Jefferies Financial Group cut Green Plains from a “buy” rating to a “hold” rating in a research note on Monday. Finally, ValuEngine cut Green Plains from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, December 4th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $16.00.
Green Plains Company Profile
Green Plains Inc produces, markets, and distributes ethanol in the United States and internationally. The company operates in four segments: Ethanol Production; Agribusiness and Energy Services; Food and Ingredients; and Partnership. The Ethanol Production segment produces and sells ethanol, distiller grains, and corn oil.
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