|Bid||0.00 x N/A|
|Ask||0.00 x N/A|
|Day's range||9.53 - 10.43|
|52-week range||9.53 - 10.43|
|Beta (5Y monthly)||3.24|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
H.C. Wainwright analyst Amit Dayal reiterated his buy rating on Gevo's stock and boosted his price forecast from $5 to $18. Gevo's shareholders could be in store for handsome gains, according to an H.C. Wainwright analyst. Dayal noted that the cash Gevo raised from its $350 million stock offering in late January will bolster its ability to complete the build-out of its new Net-Zero 1 renewable energy project in South Dakota.
Gevo, Inc. (GEVO) closed at $11.02 in the latest trading session, marking a -0.63% move from the prior day.
Shares of Gevo (NASDAQ: GEVO) continued to soar last month as the renewable fuel company gained on optimism about the Biden administration's green energy policies and as it took steps forward in its new Net-Zero 1 project in South Dakota. Following a breakout in December after announcing the new project in South Dakota, Gevo shares continued to gain last month. In a press release, the company said the project would convert renewable energy sources into conventional liquid fuel products like gasoline and jet fuel.