Why Gevo Is Trading Higher Today

Gevo’s Stock Price And Volume Action

Gevo GEVO is currently up 9.67% to a price of $2.39. The stock’s volume is currently 7.92 million, which is roughly 35.91% of its recent 30-day volume average of 22.05 million.

Why It’s Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Shares of several energy companies are trading higher on reports of an approved COVID-19 vaccine before the end of the year and on news the Biden team can now begin the formal transition process.

Perspective On Recent Price Action

The 50-day moving average price of Gevo’s stock was $1.36 when this article was published. The stock reached a high of $2.91 and a low of $0.46 in the past 52 weeks.

If you’re looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving’ alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.

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