Green Plains (NASDAQ:GPRE) Shares Down 4.1% - Time to Sell?

Green Plains Inc. (NASDAQ:GPRE - Get Free Report)'s share price traded down 4.1% during mid-day trading on Monday . The stock traded as low as $10.27 and last traded at $10.27. 29,203 shares changed hands during mid-day trading, a decline of 97% from the average session volume of 1,100,767 shares. The stock had previously closed at $10.71.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Truist Financial decreased their price target 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. StockNews.com upgraded shares of Green Plains from a "sell" rating to a "hold" rating in a research note on Friday, December 6th. Stephens upgraded shares of Green Plains to a "hold" rating in a research note on Monday, December 2nd. Finally, UBS Group reduced their price objective on shares of Green Plains from $26.00 to $23.50 and set a "buy" rating for the company in a research note on Monday, August 19th. Four analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, Green Plains currently has an average rating of "Moderate Buy" and a consensus price target of $25.50.

Green Plains Stock Performance

The stock has a market cap of $665.91 million, a P/E ratio of -27.03 and a beta of 1.44. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.78 and a quick ratio of 1.16. The firm's 50-day moving average price is $11.48 and its 200-day moving average price is $13.72.

Institutional Investors Weigh In On Green Plains

Several large investors have recently bought and sold shares of GPRE. Point72 Hong Kong Ltd bought a new stake in Green Plains in the second quarter worth $29,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in Green Plains during the second quarter worth $41,000. Quest Partners LLC purchased a new position in Green Plains during the third quarter worth $52,000. nVerses Capital LLC purchased a new position in Green Plains during the third quarter worth $65,000. Finally, Everence Capital Management Inc. purchased a new position in Green Plains during the third quarter worth $153,000.

Green Plains Company Profile

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.