Gevo, Inc. (GEVO) was a big mover last session, as the company saw its shares rise by over 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company since Dec 4, as the stock is now down nearly 29%.
This renewable chemicals and biofuels company has seen no estimate revision in the last 30 days, while the Zacks Consensus Estimate hasn’t been in a trend either. Yesterday’s rally is encouraging though, so make sure to keep a close watch on this firm in the near future.
Gevo currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Better-ranked stocks in the broader Oil and Energy sector include Abraxas Petroleum Corp. (AXAS), JinkoSolar Holding Co., Ltd. (JKS) and Cheniere Energy, Inc. (LNG). While Abraxas Petroleum sports a Zacks Rank #1 (Strong Buy), JinkoSolar and Cheniere Energy carry a Zacks Rank #2 (Buy).
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