Verde Clean Fuels, Inc. (NASDAQ:VGAS - Get Free Report) shares rose 1.7% on Thursday . The stock traded as high as $4.22 and last traded at $4.22. Approximately 2,017 shares were traded during mid-day trading, a decline of 89% from the average daily volume of 18,933 shares. The stock had previously closed at $4.15.
Verde Clean Fuels Price Performance
The company's fifty day simple moving average is $4.13 and its 200-day simple moving average is $4.22. The firm has a market capitalization of $136.85 million, a PE ratio of -8.54 and a beta of -0.66.
Institutional Inflows and Outflows
An institutional investor recently raised its position in Verde Clean Fuels stock. Geode Capital Management LLC lifted its holdings in shares of Verde Clean Fuels, Inc. (NASDAQ:VGAS - Free Report) by 8.6% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 77,807 shares of the company's stock after acquiring an additional 6,191 shares during the period. Geode Capital Management LLC owned approximately 0.24% of Verde Clean Fuels worth $310,000 at the end of the most recent quarter. Institutional investors 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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