Gevo EVP Sells $517 in Stock (GEVO)
Gevo (NASDAQ:GEVO) EVP Brett Lund sold 1,099 shares of Gevo stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $0.47, for a total value of $516.53. Following the transaction, the executive vice president now directly owns 109,038 shares in the company, valued at approximately $51,248. 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 0.22% on Monday, hitting $0.4561. 224,939 shares of the company’s stock traded hands. Gevo has a one year low of $0.43 and a one year high of $2.18. The stock’s 50-day moving average is $0.67 and its 200-day moving average is $1.01. The company’s market cap is $30.9 million.
Gevo (NASDAQ:GEVO) last released its earnings data on Wednesday, August 13th. The company reported ($0.25) earnings per share for the quarter, missing the analysts’ 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. On average, analysts predict that Gevo will post $-0.75 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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