Green Plains Inc. (NASDAQ:GPRE - Get Free Report) shares hit a new 52-week low during trading on Monday . The stock traded as low as $8.93 and last traded at $8.96, with a volume of 83874 shares traded. The stock had previously closed at $9.08.
Analyst Ratings Changes
A number of equities research analysts recently commented on the company. Stephens upgraded Green Plains to a "hold" rating in a research report on Monday, December 2nd. Truist Financial decreased their target price on Green Plains from $25.00 to $18.00 and set a "buy" rating on the stock in a report on Wednesday, October 16th. Finally, StockNews.com raised Green Plains from a "sell" rating to a "hold" rating in a report on Friday, December 6th. Four analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, Green Plains currently has a consensus rating of "Moderate Buy" and a consensus target price of $25.50.
Read Our Latest Report on Green Plains
Green Plains Price Performance
The stock has a market capitalization of $576.04 million, a P/E ratio of -23.45 and a beta of 1.44. The company has a current ratio of 1.78, a quick ratio of 1.16 and a debt-to-equity ratio of 0.46. The company has a fifty day simple moving average of $10.83 and a two-hundred day simple moving average of $13.15.
Hedge Funds Weigh In On Green Plains
Large investors have recently bought and sold shares of the business. Charles Schwab Investment Management Inc. raised its position in shares of Green Plains by 16.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,150,738 shares of the specialty chemicals company's stock valued at $15,581,000 after acquiring an additional 159,147 shares during the last quarter. Barclays PLC increased its holdings in Green Plains by 71.5% in the third quarter. Barclays PLC now owns 142,851 shares of the specialty chemicals company's stock valued at $1,935,000 after purchasing an additional 59,564 shares during the last quarter. Paloma Partners Management Co acquired a new position in Green Plains in the third quarter valued at about $840,000. Thomist Capital Management LP bought a new position in Green Plains during the second quarter worth about $1,011,000. Finally, Point72 Asset Management L.P. grew its position in shares of Green Plains by 29.5% during the 3rd quarter. Point72 Asset Management L.P. now owns 556,095 shares of the specialty chemicals company's stock worth $7,530,000 after buying an additional 126,795 shares during the period.
About Green Plains
(
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Green 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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