In a filing, Gevo Inc revealed its Affiliate Nurmat Alisher K acquired Company’s shares for reported $87468.0 on Dec 04 ’24. In the deal valued at $1.33 per share,65,766 shares were bought.
Then, Bowron Kimberly T sold 14,241 shares, generating $18,371 in total proceeds. Upon selling the shares at $1.29, the Chief People and IT Officer now owns 0 shares.
Before that, Shafer Andrew sold 26,911 shares. Gevo Inc shares valued at $63,661 were divested by the Chief Cust Mkt & Brnd Officer at a price of $2.37 per share. As a result of the transaction, Shafer Andrew now holds 332,430 shares, worth roughly $0.95 million.
Northland Capital initiated its Gevo Inc [GEVO] rating to a Market perform in a research note published on August 21, 2023; the price target was $2. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in mid December with a ‘”a Neutral”‘ rating. Jefferies began covering GEVO with “Hold” recommendation on October 19, 2022. Citigroup started covering the stock on February 09, 2022. It rated GEVO as “a Buy”.
Price Performance Review of GEVO
On Friday, Gevo Inc [NASDAQ:GEVO] saw its stock jump 22.84% to $2.85. Over the last five days, the stock has gained 39.71%. Gevo Inc shares have risen nearly 36.36% since the year began. Nevertheless, the stocks have risen 147.83% over the past one year. While a 52-week high of $3.39 was reached on 01/03/25, a 52-week low of $0.48 was recorded on 01/02/25. SMA at 50 days reached $1.84, while 200 days put it at $1.13.
Levels Of Support And Resistance For GEVO Stock
The 24-hour chart illustrates a support level at 2.55, which if violated will result in even more drops to 2.24. On the upside, there is a resistance level at 3.00. A further resistance level may holdings at 3.15. The Relative Strength Index (RSI) on the 14-day chart is 79.54, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.58, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 0.00%. Stochastics %K at 90.01% indicates the stock is a selling.
How much short interest is there in Gevo Inc?
A steep rise in short interest was recorded in Gevo Inc stocks on 2024-12-13, growing by 1.29 million shares to a total of 27.69 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 26.4 million shares. There was a rise of 4.67%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on August 24, 2021 when Stifel began covering the stock and recommended ‘”a Buy”‘ rating along with a $10 price target.
