Somewhat Favorable News Coverage Somewhat Unlikely to Affect Gevo (NASDAQ:GEVO) Share Price

Press coverage about Gevo (NASDAQ:GEVO) has trended somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Gevo earned a coverage optimism score of 0.09 on Accern’s scale. Accern also gave media headlines about the energy company an impact score of 46.3104605093991 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the news stories that may have impacted Accern Sentiment Analysis’s scoring:

• Rodman & Renshaw Reiterates Upbeat View of Gevo, Inc. (GEVO) on Back of 2Q Growth (smarteranalyst.com)
• Analyst Buzz: AK Steel Holding Corporation (AKS) (expressnewsline.com)
• Financial Comparison: Ceres (CERE) and Gevo (NASDAQ:GEVO) (americanbankingnews.com)
• Gevo, Inc. (NASDAQ:GEVO) Releases Quarterly Earnings Results, Beats Expectations By $0.10 EPS (americanbankingnews.com)
• Praj ties up with Gevo for biofuel (timesofindia.indiatimes.com)

Separately, HC Wainwright set a $12.00 target price on Gevo and gave the company a “buy” rating in a report on Wednesday, July 26th.

Shares of Gevo (NASDAQ GEVO) opened at 0.6098 on Tuesday. The stock’s market capitalization is $9.18 million. Gevo has a 1-year low of $0.53 and a 1-year high of $16.16. The stock has a 50 day moving average price of $0.63 and a 200-day moving average price of $1.20.

Gevo (NASDAQ:GEVO) last released its earnings results on Thursday, August 3rd. The energy company reported ($0.44) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.54) by $0.10. The firm had revenue of $7.54 million during the quarter, compared to analyst estimates of $5.63 million. Gevo had a negative return on equity of 35.92% and a negative net margin of 108.86%. On average, analysts forecast that Gevo will post ($3.00) earnings per share for the current year.

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Gevo Company Profile

Gevo, Inc (Gevo) is a renewable chemicals and next generation biofuels company. The Company has developed a technology that uses a combination of synthetic biology, metabolic engineering, chemistry and chemical engineering to focus primarily on the production of isobutanol, as well as related products from renewable feedstock.