Insider Selling: Gevo COO Unloads 4,368 Shares of Stock (GEVO)
Gevo (NASDAQ:GEVO) COO Christopher Michael Ryan sold 4,368 shares of the company’s stock in a transaction that occurred on Monday, August 18th. The shares were 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 in the company, valued at approximately $170,685. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Gevo (NASDAQ:GEVO) opened at 0.4551 on Tuesday. Gevo has a 52 week low of $0.43 and a 52 week 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 $30.9 million.
Gevo (NASDAQ:GEVO) last posted its quarterly earnings results on Wednesday, August 13th. The company reported ($0.25) EPS for the quarter, missing the Thomson Reuters 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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