Green Plains Inc. (GPRE, Financial) observed a notable rise in its stock price, surging by 5.19% to reach $11.55 per share. The trading volume was reported at 520,930 shares, with a turnover rate of 0.81% and a price fluctuation of 4.46%.
The company's recent financial results showed revenue of $610 million, though it posted a net loss of $24.35 million, translating to an earnings per share of -$0.38. Gross profit amounted to $24.20 million, and the price-to-earnings ratio stood at -16.70.
In terms of analyst ratings, 67% of the 9 participating institutions have recommended buying, while 33% advised holding, with no recommendations to sell. Within the broader chemical products sector, which declined by 0.31%, Green Plains, Rayonier Advanced Materials Inc., and Origin Materials, Inc. showed significant gains. Meanwhile, Asp Isotopes Inc., Olin Corporation, and Green Plains itself were notably active with turnover rates of 2.32%, 1.74%, and 0.81%, respectively.
Green Plains operates through three segments, primarily focusing on the production and sale of ethanol and its byproducts. The ethanol production segment, which is the main revenue driver, includes ethanol, distillers grains, ultra-high protein, and renewable corn oil production. Additionally, the agribusiness and energy services segment offers grain handling and storage, commodity marketing, and trading of ethanol and related goods. The partnership segment provides fuel storage and transportation services.
