Green Plains (NASDAQ:GPRE) Upgraded at StockNews.com

Green Plains (NASDAQ:GPRE) was upgraded by stock analysts at StockNews.com from a “sell” rating to a “hold” rating in a report released on Tuesday.

GPRE has been the topic of several other reports. BMO Capital Markets dropped their price objective on shares of Green Plains from $22.00 to $17.00 and set a “market perform” rating on the stock in a research report on Wednesday, August 7th. Truist Financial lowered their price target on shares of Green Plains from $25.00 to $18.00 and set a “buy” rating for the company in a report on Wednesday, October 16th. UBS Group lowered their price objective on shares of Green Plains from $26.00 to $23.50 and set a “buy” rating for the company in a research note on Monday, August 19th. Craig Hallum decreased their price target on shares of Green Plains from $34.00 to $26.00 and set a “buy” rating for the company in a research note on Wednesday, August 7th. Finally, Oppenheimer downgraded shares of Green Plains from an “outperform” rating to a “market perform” rating in a report on Wednesday, August 7th. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $25.50.

Green Plains Trading Down 1.3 %

NASDAQ:GPRE traded down $0.15 during trading hours on Tuesday, hitting $11.16. The stock had a trading volume of 1,431,723 shares, compared to its average volume of 1,116,799. The company has a market cap of $721.51 million, a price-to-earnings ratio of -29.37 and a beta of 1.53. Green Plains has a one year low of $10.74 and a one year high of $28.50. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.16 and a current ratio of 1.78. The business’s 50 day moving average is $12.57 and its 200-day moving average is $15.18.

Institutional Investors Weigh In On Green Plains

A number of large investors have recently made changes to their positions in the company. Algert Global LLC bought a new position in shares of Green Plains during the 3rd quarter valued at approximately $1,572,000. Charles Schwab Investment Management Inc. boosted its stake in Green Plains by 16.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,150,738 shares of the specialty chemicals company’s stock worth $15,581,000 after purchasing an additional 159,147 shares during the period. Intech Investment Management LLC purchased a new stake in shares of Green Plains during the 3rd quarter worth approximately $215,000. Quest Partners LLC purchased a new stake in shares of Green Plains during the 3rd quarter worth approximately $52,000. Finally, Future Fund LLC raised its holdings in shares of Green Plains by 15.6% during the 3rd quarter. Future Fund LLC now owns 69,707 shares of the specialty chemicals company’s stock worth $944,000 after acquiring an additional 9,410 shares in the last quarter.

About Green Plains

Green Plains Inc produces low-carbon fuels in the United States and internationally. It operates through three segments: Ethanol Production, Agribusiness and Energy Services, and Partnership. The Ethanol Production segment produces ethanol, distillers grains, and ultra-high protein and renewable corn oil.