Green Plains (NASDAQ:GPRE) Sets New 12-Month Low – Should You Sell?

Green Plains Inc. (NASDAQ:GPRE)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as $8.93 and last traded at $8.96, with a volume of 83874 shares traded. The stock had previously closed at $9.08.

Analysts Set New Price Targets

A number of research firms recently weighed in on GPRE. Truist Financial decreased their price target on Green Plains from $25.00 to $18.00 and set a “buy” rating for the company in a research report on Wednesday, October 16th. StockNews.com raised shares of Green Plains from a “sell” rating to a “hold” rating in a research report on Friday, December 6th. Finally, Stephens upgraded shares of Green Plains to a “hold” rating in a report on Monday, December 2nd. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, Green Plains presently has a consensus rating of “Moderate Buy” and an average target price of $25.50.

Green Plains Stock Performance

The company has a current ratio of 1.78, a quick ratio of 1.16 and a debt-to-equity ratio of 0.46. The firm’s fifty day moving average price is $10.88 and its 200 day moving average price is $13.20. The firm has a market capitalization of $588.32 million, a PE ratio of -23.95 and a beta of 1.44.

Institutional Trading of Green Plains

Several large investors have recently added to or reduced their stakes in GPRE. Point72 Hong Kong Ltd acquired a new stake in shares of Green Plains in the 2nd quarter valued at $29,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Green Plains during the 2nd quarter worth about $41,000. Quest Partners LLC acquired a new position in shares of Green Plains during the 3rd quarter valued at about $52,000. nVerses Capital LLC bought a new position in shares of Green Plains in the 3rd quarter valued at approximately $65,000. Finally, DRW Securities LLC acquired a new stake in Green Plains in the 2nd quarter worth approximately $168,000.

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.