Gevo (GEVO) Rating Increased to Hold at ValuEngine

Gevo (NASDAQ:GEVO) was upgraded by equities research analysts at ValuEngine from a “sell” rating to a “hold” rating in a note issued to investors on Saturday.

Several other equities research analysts have also recently weighed in on GEVO. Zacks Investment Research upgraded Gevo from a “sell” rating to a “hold” rating in a research note on Tuesday, March 13th. HC Wainwright reiterated a “hold” rating on shares of Gevo in a research note on Tuesday, May 15th.

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NASDAQ:GEVO traded up $4.00 during trading hours on Friday, reaching $4.23. 4,411 shares of the company were exchanged, compared to its average volume of 582,213. The company has a market capitalization of $5.57 million, a P/E ratio of -0.14 and a beta of 2.25. Gevo has a 1-year low of $0.19 and a 1-year high of $0.96. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.82 and a quick ratio of 1.23.

Gevo (NASDAQ:GEVO) last released its earnings results on Wednesday, March 28th. The energy company reported ($0.20) earnings per share for the quarter, topping the consensus estimate of ($0.26) by $0.06. Gevo had a negative return on equity of 32.15% and a negative net margin of 70.28%. The firm had revenue of $6.68 million during the quarter, compared to analysts’ expectations of $5.70 million. sell-side analysts anticipate that Gevo will post -0.88 EPS for the current fiscal year.

About 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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