The Price And Volume Action In Gevo's Stock Today

Gevo’s GEVO stock has been rising Monday, up 12.13% to a price of $2.67. The stock’s current volume for the day is 15.49 million, which is approximately 66.02% of its previous 30-day average volume of 23.46 million.

Why It’s Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Gevo shares are trading higher after the company announced it has optioned the right to purchase land near Lake Preston, SD, and has met the initial milestone to secure control of a site by the end of this year.

Insights On Recent Price Action

The stock’s 50-day moving average was $1.41 at the time this article was published. Over the past fifty-two weeks, the price has risen as high as $2.91 and fallen to a low of $0.46.

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