Insider Selling: Christopher Michael Ryan Sells 4,368 Shares of Gevo Stock (GEVO)
Gevo (NASDAQ:GEVO) COO Christopher Michael Ryan sold 4,368 shares of Gevo stock on the open market in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $0.47, for a total transaction of $2,052.96. Following the completion of the transaction, the chief operating officer now directly owns 363,159 shares of the company’s stock, valued at approximately $170,685. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of Gevo (NASDAQ:GEVO) traded up 0.99% during mid-day trading on Monday, hitting $0.4596. The stock had a trading volume of 470,550 shares. Gevo has a 52 week low of $0.43 and a 52 week high of $2.18. The stock has a 50-day moving average of $0.66 and a 200-day moving average of $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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