Basic Material Unusual Volume: Gevo (NASDAQ:GEVO), FX Energy (NASDAQ:FXEN), Field point Petroleum Corporation (NYSEMKT:FPP), General Moly (NYSEMKT:GMO)

Posted by on Apr 16, 2014

Gevo, Inc. (NASDAQ:GEVO) was upgraded by Zacks from a “neutral” rating to associate degree “outperform” rating in an exceedingly analysis report issued to purchasers and investors on Wed, Analyst Ratings.Net reports. The firm presently incorporates a $1.50 worth objective on the stock. Zacks‘s target worth suggests a possible top side of 31.58% from the stock’s previous shut. GEVO shares when gap at $1.11 moved to $1.14 on last trade day and at the top of the day closed at $1.03. Gevo, Inc. (NASDAQ:GEVO) shares after opening at $1.03 moved to $1.05 on last trade day and at the end of the day closed at $0.844. Company price to sales ratio in past twelve months was calculated as 6.73 and price to cash ratio as 2.24. Gevo, Inc. (NASDAQ:GEVO) showed a negative weekly performance of -28.81%.

FX Energy Inc. (NASDAQ:FXEN) VP Andrew Pierce unloaded 10,000 shares of FX Energy stock on the open market in a transaction dated Monday, April 7th. The shares were sold at an average price of $3.25, for a total value of $32,500.00. Following the completion of the sale, the vice president now directly owns 308,388 shares in the company, valued at approximately $1,002,261. FX Energy, Inc.(NASDAQ:FXEN) shares advanced 19.14% in last trading session and ended the day on $3.86. FXEN return on equity ratio is recorded as -33.30% and its return on assets is -16.50%.FX Energy, Inc. (NASDAQ:FXEN) yearly performance is 40.36%.

FieldPoint Petroleum Corporation (NYSE/MKT:FPP) reported that drilling of the second well in the Ranger Project has been completed ahead of schedule and plans to complete the well are underway. Field point Petroleum Corporation (NYSEMKT:FPP) shares moved up 4.56% in last trading session and was closed at $5.07, while trading in range of $4.90 – 5.07 . Field point Petroleum Corporation (NYSEMKT:FPP) year to date (YTD) performance is 22.76%.

General Moly, Inc.(NYSE MKT and TSX: GMO), a U.S.-based molybdenum mineral development, exploration, and mining company, announced the initiation of a NI 43-101 compliant Preliminary Economic Assessment (“PEA”) on a starter pit project at the Company’s wholly-owned molybdenum-copper Liberty Project located 20 miles north of Tonopah, Nevada. General Moly, Inc. (NYSEMKT:GMO) weekly performance is 30.12%. On last trading day company shares ended up 1.08. General Moly, Inc. (NYSEMKT:GMO) distance from 50-day simple moving average (SMA50) is -2.93%. Analysts mean target price for the company is $1.08.

Leave a Reply

Your email address will not be published. Required fields are marked *