Gevo CEO Patrick R. Gruber Sells 11,356 Shares (GEVO)
Gevo (NASDAQ:GEVO) CEO Patrick R. Gruber sold 11,356 shares of the stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $0.47, for a total value of $5,337.32. Following the completion of the sale, the chief executive officer now directly owns 355,361 shares in the company, valued at approximately $167,020. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Gevo (NASDAQ:GEVO) traded up 0.99% on Monday, hitting $0.4596. The stock had a trading volume of 470,550 shares. Gevo has a 1-year low of $0.43 and a 1-year high of $2.18. The stock’s 50-day moving average is $0.66 and its 200-day moving average is $1.00. The company’s market cap is $31.2 million.
Gevo (NASDAQ:GEVO) last issued its quarterly earnings data on Wednesday, August 13th. The company reported ($0.25) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.17) by $0.08. The company had revenue of $7.70 million for the quarter, compared to the consensus estimate of $7.20 million. Analysts expect that Gevo will post $-0.75 EPS 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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