Verde Clean Fuels (NASDAQ:VGAS) Releases Quarterly Earnings Results

Verde Clean Fuels (NASDAQ:VGAS) announced its quarterly earnings results on Friday. The company reported ($0.17) earnings per share (EPS) for the quarter, FiscalAI reports.

Verde Clean Fuels Stock Up 10.5%

Shares of VGAS opened at $1.90 on Friday. The business’s 50 day moving average price is $1.65 and its 200-day moving average price is $2.41. Verde Clean Fuels has a 52 week low of $0.92 and a 52 week high of $4.15. The stock has a market cap of $84.65 million, a P/E ratio of -5.43 and a beta of -0.37.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Verde Clean Fuels in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Verde Clean Fuels has a consensus rating of “Sell”.

Institutional Trading of Verde Clean Fuels

An institutional investor recently bought a new position in Verde Clean Fuels stock. Creative Planning bought a new position in Verde Clean Fuels, Inc. (NASDAQ:VGAS) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 10,001 shares of the company’s stock, valued at approximately $34,000. 15.61% of the stock is owned by institutional investors.

Verde Clean Fuels Company Profile

Verde Clean Fuels, Inc, operates as a clean energy technology company in the United States. It specializes in the conversion of synthesis gas, or syngas, derived from feedstocks, such as biomass, natural gas, and other feedstocks into liquid hydrocarbons that can be used as gasoline through proprietary liquid fuels technology. Verde Clean Fuels, Inc was founded in 2007 and is headquartered in Houston, Texas.