Shares of Verde Clean Fuels, Inc. (NASDAQ:VGAS – Get Free Report) traded down 0.3% on Tuesday . The stock traded as low as $3.50 and last traded at $3.50. 4,444 shares changed hands during trading, a decline of 68% from the average session volume of 14,071 shares. The stock had previously closed at $3.51.
Verde Clean Fuels Stock Down 1.1 %
The stock has a fifty day moving average price of $3.84 and a two-hundred day moving average price of $3.96. The company has a market cap of $113.14 million, a price-to-earnings ratio of -7.06 and a beta of -0.65.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the business. JPMorgan Chase & Co. boosted its stake in shares of Verde Clean Fuels by 107.6% in the fourth quarter. JPMorgan Chase & Co. now owns 12,492 shares of the company’s stock valued at $51,000 after buying an additional 6,476 shares during the period. Stoneridge Investment Partners LLC bought a new stake in shares of Verde Clean Fuels during the 4th quarter valued at $62,000. Northern Trust Corp grew its holdings in shares of Verde Clean Fuels by 37.5% during the 4th quarter. Northern Trust Corp now owns 69,522 shares of the company’s stock worth $283,000 after purchasing an additional 18,975 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in shares of Verde Clean Fuels by 8.6% in the third quarter. Geode Capital Management LLC now owns 77,807 shares of the company’s stock worth $310,000 after purchasing an additional 6,191 shares during the period. Institutional investors and hedge funds own 15.61% of the company’s stock.
Verde Clean Fuels Company Profile
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.
Featured Articles
- Five stocks we like better than Verde Clean Fuels
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- Penny Stock SurgePays Rises 70%: 1 Reason to Buy, 5 to Sell
- How to Use High Beta Stocks to Maximize Your Investing Profits
- Top 3 Beverage Stocks Pouring Out Profits
- NYSE Stocks Give Investors a Variety of Quality Options
- CarMax and Carvana: Steering the Used Car Market
Receive News & Ratings for Verde Clean Fuels Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Verde Clean Fuels and related companies with MarketBeat.com's FREE daily email newsletter.
