Trade-Ideas: Gevo (GEVO) Is Today's

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.

Trade-Ideas LLC identified Gevo ( GEVO) as a "dead cat bounce" (down big yesterday but up big today) candidate. In addition to specific proprietary factors, Trade-Ideas identified Gevo as such a stock due to the following factors:

  • GEVO has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $12.7 million.
  • GEVO has traded 695,790 shares today.
  • GEVO is up 10.9% today.
  • GEVO was down 13.3% yesterday.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in GEVO with the Ticky from Trade-Ideas. See the FREE profile for GEVO NOW at Trade-Ideas

More details on GEVO:

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. The company operates in two segments, Gevo, Inc.; and Gevo Development/Agri-Energy.

The average volume for Gevo has been 326,100 shares per day over the past 30 days. Gevo has a market cap of $23.6 million and is part of the basic materials sector and chemicals industry. The stock has a beta of 5.56 and a short float of 9% with 0.59 days to cover. Shares are down 58.1% year-to-date as of the close of trading on Tuesday.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

If you liked this article you might like

5 Things You Must Know Before the Market Opens Wednesday

Week Ahead: Financials, Health Care on Edge as Obamacare Escapes GOP Axe

Insider Trading Alert - MRD, GEVO And CRM Traded By Insiders

Demand for Aviation Biofuels Grows as Green Regulations Loom

Demand for Aviation Biofuels Grows as Green Regulations Loom

Gevo Turns to Marine, Off-Road Markets With Latest Biofuel Deal