Insider Selling: Gevo COO Unloads 1,042 Shares of Stock (GEVO)
Gevo (NASDAQ:GEVO) COO Christopher Michael Ryan sold 1,042 shares of the stock on the open market in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $0.46, for a total value of $479.32. Following the completion of the sale, the chief operating officer now directly owns 362,117 shares of the company’s stock, valued at approximately $166,574. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Gevo (NASDAQ:GEVO) traded up 1.08% on Tuesday, hitting $0.4498. The stock had a trading volume of 186,090 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 $0.61 and a 200-day moving average of $0.97. The company’s market cap is $30.7 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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