Gevo’s (GEVO) Hold Rating Reaffirmed at HC Wainwright

HC Wainwright reaffirmed their hold rating on shares of Gevo (NASDAQ:GEVO) in a report released on Tuesday.

Several other brokerages have also recently weighed in on GEVO. ValuEngine raised Gevo from a sell rating to a hold rating in a research note on Friday, February 2nd. Zacks Investment Research raised Gevo from a sell rating to a hold rating in a research note on Tuesday, March 13th.

Shares of Gevo opened at $0.34 on Tuesday, according to Marketbeat.com. The company has a current ratio of 1.82, a quick ratio of 1.23 and a debt-to-equity ratio of 0.23. Gevo has a 1-year low of $0.31 and a 1-year high of $0.97. The company has a market cap of $8.23 million, a price-to-earnings ratio of -0.21 and a beta of 2.34.

Gevo (NASDAQ:GEVO) last issued its quarterly earnings data on Wednesday, March 28th. The energy company reported ($0.20) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.26) by $0.06. Gevo had a negative return on equity of 32.15% and a negative net margin of 70.28%. The company had revenue of $6.68 million for the quarter, compared to analysts’ expectations of $5.70 million. analysts predict that Gevo will post -0.88 EPS for the current fiscal year.

Gevo Company Profile

Gevo, Inc, a renewable chemicals and biofuels company, focuses on the development and commercialization of alternatives to petroleum-based products based on isobutanol produced from renewable feedstocks in the United States. It operates through two segments, Gevo, Inc and Gevo Development/Agri-Energy.

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