Shares of Green Plains Inc. (NASDAQ:GPRE - Get Free Report) traded up 6.8% during trading on Tuesday . The company traded as high as $9.53 and last traded at $9.52. 189,430 shares changed hands during mid-day trading, a decline of 83% from the average session volume of 1,108,323 shares. The stock had previously closed at $8.91.
Wall Street Analyst Weigh In
A number of analysts have recently issued reports on the company. Stephens raised Green Plains to a "hold" rating in a research report on Monday, December 2nd. Truist Financial lowered their price objective on Green Plains from $25.00 to $18.00 and set a "buy" rating for the company in a research note on Wednesday, October 16th. Finally, StockNews.com raised Green Plains from a "sell" rating to a "hold" rating in a research report on Friday, December 6th. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, Green Plains currently has an average rating of "Moderate Buy" and an average target price of $25.50.
View Our Latest Stock Report on GPRE
Green Plains Stock Up 6.4 %
The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.16 and a current ratio of 1.78. The firm has a market capitalization of $612.89 million, a P/E ratio of -24.95 and a beta of 1.44. The stock has a fifty day moving average price of $10.78 and a two-hundred day moving average price of $13.11.
Institutional Trading of Green Plains
Several institutional investors have recently added to or reduced their stakes in the business. Point72 Hong Kong Ltd acquired a new position in shares of Green Plains in the 2nd quarter valued at about $29,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Green Plains in the 2nd quarter valued at about $41,000. Quest Partners LLC bought a new position in shares of Green Plains during the 3rd quarter valued at about $52,000. nVerses Capital LLC bought a new stake in shares of Green Plains in the 3rd quarter worth approximately $65,000. Finally, Everence Capital Management Inc. bought a new stake in shares of Green Plains in the 3rd quarter worth approximately $153,000.
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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