Verde Clean Fuels, Inc. (NASDAQ:VGAS - Get Free Report) was down 0.3% during mid-day trading on Tuesday . The company traded as low as $3.50 and last traded at $3.50. Approximately 4,444 shares were traded during mid-day trading, a decline of 68% from the average daily volume of 14,071 shares. The stock had previously closed at $3.51.
Verde Clean Fuels Price Performance
The firm's fifty day moving average is $3.82 and its 200 day moving average is $3.96. The firm has a market capitalization of $108.97 million, a price-to-earnings ratio of -6.80 and a beta of -0.65.
Verde Clean Fuels (NASDAQ:VGAS - Get Free Report) last issued its earnings results on Friday, March 28th. The company reported ($0.14) earnings per share for the quarter.
Institutional Trading of Verde Clean Fuels
Institutional investors have recently added to or reduced their stakes in the business. Northern Trust Corp lifted its position in shares of Verde Clean Fuels by 37.5% in the fourth quarter. Northern Trust Corp now owns 69,522 shares of the company's stock worth $283,000 after buying an additional 18,975 shares during the last quarter. Stoneridge Investment Partners LLC acquired a new stake in Verde Clean Fuels in the 4th quarter worth approximately $62,000. JPMorgan Chase & Co. grew its holdings in Verde Clean Fuels by 107.6% during the fourth quarter. JPMorgan Chase & Co. now owns 12,492 shares of the company's stock valued at $51,000 after purchasing an additional 6,476 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of Verde Clean Fuels by 8.6% during the 3rd quarter. Geode Capital Management LLC now owns 77,807 shares of the company's stock worth $310,000 after buying an additional 6,191 shares during the period. 15.61% of the stock is currently owned by institutional investors and hedge funds.
Verde Clean Fuels Company Profile
(
Get Free Report)
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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