Green Plains Inc. (NASDAQ:GPRE - Get Free Report) shares traded down 4% on Tuesday . The stock traded as low as $9.03 and last traded at $9.09. 170,346 shares changed hands during trading, a decline of 86% from the average session volume of 1,199,644 shares. The stock had previously closed at $9.47.
Analyst Ratings Changes
Several equities research analysts have recently commented on GPRE shares. Truist Financial reduced their target price on Green Plains from $25.00 to $18.00 and set a "buy" rating for the company in a report on Wednesday, October 16th. StockNews.com raised shares of Green Plains from a "sell" rating to a "hold" rating in a research note on Friday, December 6th. Finally, Stephens raised shares of Green Plains to a "hold" rating in a research report on Monday, December 2nd. Four research analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to MarketBeat, Green Plains has an average rating of "Moderate Buy" and an average target price of $25.50.
Read Our Latest Stock Analysis on GPRE
Green Plains Stock Down 3.4 %
The business's 50-day moving average is $10.44 and its two-hundred day moving average is $12.75. The firm has a market capitalization of $591.56 million, a price-to-earnings ratio of -24.08 and a beta of 1.46. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.16 and a current ratio of 1.78.
Institutional Trading of Green Plains
A number of hedge funds and other institutional investors have recently made changes to their positions in GPRE. Assenagon Asset Management S.A. boosted its holdings 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 valued at $6,675,000 after buying an additional 646,507 shares during the last quarter. Lumbard & Kellner LLC acquired a new stake in shares of Green Plains during the 2nd quarter worth $4,685,000. American Century Companies Inc. increased its holdings in Green Plains by 287.6% in the 2nd quarter. American Century Companies Inc. now owns 332,586 shares of the specialty chemicals company's stock valued at $5,275,000 after buying an additional 246,773 shares during the period. Wolf Hill Capital Management LP lifted its stake in Green Plains by 13.7% during the second quarter. Wolf Hill Capital Management LP now owns 1,994,539 shares of the specialty chemicals company's stock worth $31,633,000 after purchasing an additional 240,849 shares during the last quarter. Finally, Clifford Capital Partners LLC boosted its stake in Green Plains by 53.7% in the second quarter. Clifford Capital Partners LLC now owns 511,026 shares of the specialty chemicals company's stock valued at $8,105,000 after buying an additional 178,484 shares in the last quarter.
Green Plains Company Profile
(
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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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