StockNews.com Upgrades Green Plains (NASDAQ:GPRE) to “Hold”

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

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

Green Plains Price Performance

Shares of Green Plains stock opened at $10.82 on Tuesday. 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 stock has a market capitalization of $699.51 million, a price-to-earnings ratio of -28.47 and a beta of 1.53. The company has a fifty day moving average of $12.47 and a 200-day moving average of $15.08. Green Plains has a 52-week low of $10.74 and a 52-week high of $28.50.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of GPRE. Point72 Hong Kong Ltd acquired a new stake in shares of Green Plains in the second quarter valued at about $29,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Green Plains in the 2nd quarter valued at about $41,000. Quest Partners LLC acquired a new position in shares of Green Plains in the 3rd quarter worth approximately $52,000. nVerses Capital LLC acquired a new position in Green Plains during the third quarter worth $65,000. Finally, Crewe Advisors LLC acquired a new position in Green Plains during the 1st quarter worth about $150,000.

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.