Gevo EVP Sells $134,768 in Stock (GEVO)
Gevo (NASDAQ:GEVO) EVP Brett Lund sold 66,717 shares of the stock on the open market in a transaction that occurred on Wednesday, September 18th. The stock was sold at an average price of $2.02, for a total value of $134,768.34. Following the completion of the transaction, the executive vice president now directly owns 146,242 shares in the company. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Gevo (NASDAQ:GEVO) traded up 4.10% on Wednesday, hitting $2.03. The stock had a trading volume of 1,134,596 shares. Gevo has a 52 week low of $1.36 and a 52 week high of $3.39. The stock’s 50-day moving average is $1.87 and its 200-day moving average is $1.90. The company’s market cap is $93.3 million.
Gevo (NASDAQ:GEVO) last released its earnings data on Tuesday, August 6th. The company reported ($0.35) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.34) by $0.01. The company had revenue of $1.90 million for the quarter, compared to the consensus estimate of $0.78 million. During the same quarter last year, the company posted ($0.62) earnings per share. Gevo’s revenue was down 72.9% compared to the same quarter last year. On average, analysts predict that Gevo will post $-1.51 earnings per share for the current fiscal year.
Gevo, Inc, is a renewable chemicals and advanced biofuels company. The Company is focused on the development and commercialization of alternatives to petroleum-based products.
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