Fossil Group, Kimco Realty Plop into Wednesday’s 52-Week Low Club
Fossil Group, Gevo, Kimco Realty, and DDR Corp. posted new 52-week lows Wednesday.
Headquartered in Englewood, CO Fiscal year ends December NASDAQ: GEVO gevo.com
Gevo is a next-generation diversified energy company focused on producing renewable fuels, chemicals, and carbon management solutions. The company owns and operates an ethanol plant (Gevo North Dakota) with an adjacent carbon capture and sequestration (CCS) facility and Class VI carbon-storage well, as well as one of the largest dairy-based renewable natural gas (RNG) facilities in the United States. Gevo developed the world's first production facility for specialty alcohol-to-jet (ATJ) fuels and chemicals, operating since 2012, and is developing a large-scale ATJ facility to be co-located at its North Dakota site. The company's products include low-carbon ethanol, sustainable aviation fuel (SAF), low-carbon racing fuel blendstock for high-end motorsports, RNG, and various coproducts. Gevo monetizes carbon attributes through regulatory compliance markets including Section 45Z clean fuel production tax credits and the Canada Clean Fuel Regulation. Through its Verity subsidiary, Gevo provides supply chain tracking, measuring, and verification services for sustainability attributes. The company's growth strategy centers on debottlenecking and expanding its North Dakota operations to potentially double ethanol production capacity to approximately 150 million gallons per year, along with associated CCS operations. Updated
Fossil Group, Gevo, Kimco Realty, and DDR Corp. posted new 52-week lows Wednesday.
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Gevo is a next-generation diversified energy company focused on producing renewable fuels, chemicals, and carbon management solutions.
The Wall Street consensus 12-month price target for GEVO is $5.17.