Gevo, Inc. (GEVO) continued its downward trend with the stock declining -11.74% or $-0.31 to close the day at $2.33 on light trading volume of 1.42M shares, compared to its three month average trading volume of 3.52M. The Englewood Colorado 80112 based company has been underperforming the chemicals – major diversified group over the past 52 weeks, with the stock losing -66.71%, compared to the industry which has advanced 41.26% over the same period. With RSI of 28.19, the stock should still continue to rise and get closer to its one year target estimate of $8.5, making it a hold for now.
Gevo, Inc., a renewable chemicals and biofuels company, focuses on the development and commercialization of alternatives to petroleum-based products based on isobutanol produced from renewable feedstocks. It operates in two segments, Gevo, Inc. and Gevo Development/Agri-Energy. The company engages in the research and development, and production of isobutanol; development of its proprietary biocatalysts; production and sale of biojet fuel; and retrofit process of chemicals and biofuels. It is also involved in the production of ethanol, isobutanol, and related products. Gevo, Inc. produces and separates its renewable isobutanol through the Gevo Integrated Fermentation Technology platform. The company was formerly known as Methanotech, Inc. and changed its name to Gevo, Inc. in March 2006. Gevo, Inc. was founded in 2005 and is headquartered in Englewood, Colorado.
Harman International Industries, Incorporated (HAR) retreated with the stock falling 0% or $0 to close at $111 on active trading volume of 1.45M compared its three months average trading volume of 1.44M. The Stamford Connecticut 06901 based company operating under the Electronic Equipment industry has been trending up for the last 52 weeks, with the shares price now 60.65% up for the period and up by 0.17% so far this year. With price target of $106.11 and a 72.91% rebound from 52-week low, Harman International Industries, Incorporated has plenty of upside potential, making it a hold with a view buy.
Harman International Industries, Incorporated designs and engineers connected products and solutions for automakers, consumers, and enterprises worldwide. The company operates through four segments: Connected Car, Lifestyle Audio, Professional Solutions, and Connected Services. The Connected Car segment designs, manufactures, and markets connected car systems for vehicle applications to be installed as original equipment by automotive manufacturers, as well as produces an infotainment system for Harley-Davidson touring motorcycles. This segment also offers automotive cyber security solutions. The Lifestyle Audio segment offers car audio systems for vehicle applications, as well as provides a range of consumer audio products, including mid-to high-end loudspeakers and electronics, headphones, embedded audio products for consumer electronics, and branded portable wireless speakers. The Professional Solutions segment designs, manufactures, and markets audio, lighting, video and control, and automation solutions for entertainment and enterprise applications, such as live concerts and festivals, stadiums, airports, hotels and resorts, conference centers, educational institutions, command centers, and houses of worship. Its products include loudspeakers, amplifiers, digital signal processors, microphones, headphones, mixing consoles, guitar pedals, lighting, video and control, and enterprise automation solutions. The Connected Services segment offers software solutions to the automotive, retail, mobile, healthcare, media, and consumer electronics markets. The company markets its products under the AKG, AMX, Crown, Harman/Kardon, Infinity, JBL, JBL Professional, Lexicon, Mark Levinson, Martin, Revel, Soundcraft, and Studer brand names. Harman International Industries, Incorporated has strategic partnership with Navdy to offer an aftermarket augmented reality driving device to automotive OEMs. The company was founded in 1980 and is headquartered in Stamford, Connecticut.
Cabela’s Incorporated (CAB) continued its downward trend with the stock declining -1.15% or $-0.57 to close the day at $48.79 on lower than average trading volume of 1.44M shares, compared to its three month average trading volume of 843.66K. The Sidney Nebraska 69162 based company has been underperforming the sporting goods stores companies by -20.4171% for last three months and its recent losses have pulled the stock down -16.67% YTD, versus the sporting goods stores industry which is down -8.1% for the same period. The RSI of 9.21 indicates the stock is oversold at the current levels, buy for now.
Cabela’s Incorporated operates as a specialty retailer and direct marketer of hunting, fishing, camping, and related outdoor merchandise. The company operates through Retail, Direct, and Financial Services segments. The Retail segment sells products and services through its retail stores The Direct segment sells products through its e-commerce websites, including Cabelas.com and Cabelas.ca; and direct mail catalogs. The Financial Services segment issues Cabela’s CLUB Visa credit card, a rewards based credit card program; and certificates of deposit, as well as underwrites credit statistics. This segment offers its Cabela’s CLUB Visa credit card through various channels, including retail stores, Website, inbound telemarketing, and catalogs. The company’s product assortment includes hunting equipment, such as firearms, ammunition, optics, archery products, and related accessories and supplies; and field wear apparel and footwear, sportswear apparel and footwear, casual apparel and footwear, and workwear products. Its product assortment also comprises equipment and accessories for various outdoor activities, including fishing and tackle products; boats, electronics, and marine accessories and equipment; camping gear and equipment; food preparation and outdoor cooking products; all-terrain vehicles and accessories; and gifts and home furnishings. The company operates 77 retail stores, including 68 stores in the United States; and 9 stores in Canada. Cabela’s Incorporated was founded in 1961 and is headquartered in Sidney, Nebraska.