Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Gevo Inc shares valued at $18,371 were sold by Bowron Kimberly T on Nov 21 ’24. At $1.29 per share, Bowron Kimberly T sold 14,241 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, Shafer Andrew sold 26,911 shares, netting a total of over 63,661 in proceeds. Following the sale of shares at $2.37 each, the insider now holds 332,430 shares.
Before that, Shafer Andrew had added 26,911 shares to its account. In a trade valued at $63,779, the Officer bought Gevo Inc shares for $2.37 each.
As published in their initiating research note from Northland Capital on August 21, 2023, Gevo Inc [GEVO] has been a Market perform and the price target has been revised to $2. Analysts at UBS started covering the stock with ‘”a Neutral”‘ outlook in a report released in mid December. As of October 19, 2022, Jefferies has initiated its “Hold” rating for GEVO. Earlier on February 09, 2022, Citigroup initiated its rating. Their recommendation was “a Buy” for GEVO stock.
Analyzing GEVO Stock Performance
During the last five days, there has been a surge of approximately 15.58%. Over the course of the year, Gevo Inc shares have jumped approximately 37.50%. Shares of the company reached a 52-week high of $3.3900 on 10/22/24 and a 52-week low of $0.4801 on 08/05/24. A 50-day SMA is recorded $1.9436, while a 200-day SMA reached $1.0188. Nevertheless, trading volume fell to 2.9 million shares from 7.13 million shares the previous day.
Support And Resistance Levels for Gevo Inc (GEVO)
According to the 24-hour chart, there is a support level at 1.5533, which, if violated, would cause prices to drop to 1.5117. In the upper region, resistance lies at 1.6583. The next price resistance is at 1.7217. RSI (Relative Strength Index) is 44.09 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.1139, which suggests the price will decrease in the coming days. Percent R is at 34.44%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.