Green Plains Inc. (NASDAQ:GPRE - Get Free Report) has received a consensus rating of "Moderate Buy" from the nine analysts that are presently covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 12-month target price among analysts that have covered the stock in the last year is $25.50.
Several research firms have commented on GPRE. StockNews.com raised Green Plains from a "sell" rating to a "hold" rating in a research note on Friday, December 6th. Stephens raised shares of Green Plains to a "hold" rating in a research note on Monday, December 2nd. Finally, Truist Financial reduced their target price on shares of Green Plains from $25.00 to $18.00 and set a "buy" rating for the company in a research note on Wednesday, October 16th.
Get Our Latest Report on Green Plains
Green Plains Stock Performance
Shares of NASDAQ GPRE traded down $0.32 during trading hours on Tuesday, reaching $9.15. The stock had a trading volume of 1,144,400 shares, compared to its average volume of 1,335,063. The firm has a 50-day moving average of $10.36 and a 200-day moving average of $12.71. The firm has a market cap of $591.56 million, a price-to-earnings ratio of -24.08 and a beta of 1.46. The company has a current ratio of 1.78, a quick ratio of 1.16 and a debt-to-equity ratio of 0.46. Green Plains has a fifty-two week low of $8.81 and a fifty-two week high of $25.24.
Institutional Investors Weigh In On Green Plains
Institutional investors have recently modified their holdings of the company. Assenagon Asset Management S.A. boosted its position in shares of Green Plains by 1,122.1% in the 4th quarter. Assenagon Asset Management S.A. now owns 704,125 shares of the specialty chemicals company's stock worth $6,675,000 after buying an additional 646,507 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of Green Plains by 1,207.7% in the fourth quarter. GAMMA Investing LLC now owns 14,032 shares of the specialty chemicals company's stock valued at $133,000 after purchasing an additional 12,959 shares in the last quarter. Barclays PLC grew its holdings in Green Plains by 71.5% during the 3rd quarter. Barclays PLC now owns 142,851 shares of the specialty chemicals company's stock valued at $1,935,000 after buying an additional 59,564 shares during the last quarter. Y Intercept Hong Kong Ltd purchased a new stake in Green Plains during the 3rd quarter worth about $155,000. Finally, State Street Corp raised its stake in Green Plains by 2.9% in the 3rd quarter. State Street Corp now owns 3,910,245 shares of the specialty chemicals company's stock valued at $52,945,000 after purchasing an additional 111,501 shares during the last quarter.
About Green Plains
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Get Free ReportGreen Plains Inc produces low-carbon fuels in the United States and internationally. It operates through three segments: Ethanol Production, Agribusiness and Energy Services, and Partnership. The Ethanol Production segment produces ethanol, distillers grains, and ultra-high protein and renewable corn oil.
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