Green Plains (NASDAQ:GPRE) Trading Down 4.1% – Time to Sell?

Green Plains Inc. (NASDAQ:GPRE) fell 4.1% during trading on Tuesday . The stock traded as low as $9.27 and last traded at $9.15. 25,207 shares changed hands during trading, a decline of 98% from the average session volume of 1,287,885 shares. The stock had previously closed at $9.54.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on GPRE shares. Stephens raised shares of Green Plains to a “hold” rating in a research report on Monday, December 2nd. Truist Financial cut their price target on Green Plains from $25.00 to $18.00 and set a “buy” rating for the company in a research note on Wednesday, October 16th. Finally, StockNews.com upgraded Green Plains from a “sell” rating to a “hold” rating in a research note on Friday, December 6th. Four research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat, Green Plains currently has a consensus rating of “Moderate Buy” and a consensus price target of $25.50.

Green Plains Stock Down 0.0 %

The company has a debt-to-equity ratio of 0.46, a current ratio of 1.78 and a quick ratio of 1.16. The firm’s fifty day moving average price is $10.03 and its two-hundred day moving average price is $12.28. The stock has a market cap of $580.30 million, a price-to-earnings ratio of -23.42, a price-to-earnings-growth ratio of 1.18 and a beta of 1.46.

Institutional Investors Weigh In On Green Plains

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Van ECK Associates Corp grew its holdings in shares of Green Plains by 433.3% in the fourth quarter. Van ECK Associates Corp now owns 3,344 shares of the specialty chemicals company’s stock valued at $32,000 after acquiring an additional 2,717 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Green Plains during the 2nd quarter valued at $41,000. Quest Partners LLC purchased a new position in shares of Green Plains in the 3rd quarter worth about $52,000. KBC Group NV raised its position in Green Plains by 120.7% in the fourth quarter. KBC Group NV now owns 6,071 shares of the specialty chemicals company’s stock worth $58,000 after acquiring an additional 3,320 shares during the period. Finally, nVerses Capital LLC bought a new position in shares of Green Plains during the 3rd quarter valued at approximately $65,000.

Green Plains Company Profile

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.