Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Gevo Inc’s current trading price is -60.77% away from its 52-week high, while its distance from the 52-week low is 21.40%. The stock’s price range during this period has varied between $0.60 and $1.86. The company, active in the Basic Materials sector, saw a trading volume of around 2.21 million for the day, considerably lower average daily volume of 6.98 million observed over the last three months.
Gevo Inc’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $1.86 on 07/18/23, and the lowest price during that time was $0.60, recorded on 03/26/24.
How Financial Performance Impacts Market Capitalization
Gevo Inc (GEVO) has experienced a quarterly decline of -34.86% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 175.47M and boasts a workforce of 103 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.9620, with a change in price of -0.3455. Similarly, Gevo Inc recorded 6,208,526 in trading volume during the last 100 days, posting a change of -31.99%.
How GEVO’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for GEVO stands at 0.13. Similarly, the long-term debt-to-equity ratio is also 0.00.
GEVO Stock Stochastic Average
As of today, the raw stochastic average of Gevo Inc over the past 50 days is 32.64%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 67.84%. Additionally, the Stochastic %K and %D values for the company were 69.51% and 66.36%, respectively, over the past 20 days.
GEVO Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price decrease of -37.10%. However, over the past six months, we’ve seen a stronger performance of -31.17%. The price of GEVO leaped by -7.65% over the last 30 days. And in the last five days, it has surged by 5.40%.
