Verde Clean Fuels, Inc. (NASDAQ:VGAS - Get Free Report)'s stock price fell 4.5% during mid-day trading on Monday . The company traded as low as $3.87 and last traded at $3.99. 19,002 shares were traded during mid-day trading, a decline of 11% from the average session volume of 21,232 shares. The stock had previously closed at $4.18.
Verde Clean Fuels Stock Down 2.0 %
The business's fifty day moving average is $3.99 and its 200-day moving average is $4.24. The stock has a market capitalization of $124.84 million, a PE ratio of -8.10 and a beta of -0.65.
Verde Clean Fuels (NASDAQ:VGAS - Get Free Report) last issued its earnings results on Tuesday, August 13th. The company reported ($0.14) EPS for the quarter.
Institutional Trading of Verde Clean Fuels
A hedge fund recently bought a new stake in Verde Clean Fuels stock. Sanders Morris Harris LLC bought a new position in Verde Clean Fuels, Inc. (NASDAQ:VGAS - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 102,200 shares of the company's stock, valued at approximately $409,000. Sanders Morris Harris LLC owned approximately 0.32% of Verde Clean Fuels at the end of the most recent quarter. Institutional investors and hedge funds own 15.61% of the company's stock.
About Verde Clean Fuels
(
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Verde Clean Fuels, Inc, operates as a clean energy technology company in the United States. It specializes in the conversion of synthesis gas, or syngas, derived from feedstocks, such as biomass, natural gas, and other feedstocks into liquid hydrocarbons that can be used as gasoline through proprietary liquid fuels technology.
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