Verbio (VBVBF) Projected to Post Earnings on Wednesday

Verbio (OTCMKTS:VBVBF) is anticipated to announce its results before the market opens on Wednesday, May 13th. Analysts expect the company to announce earnings of $0.3813 per share and revenue of $621.5890 million for the quarter.

Verbio Stock Performance

VBVBF stock opened at $43.00 on Wednesday. The company’s 50-day simple moving average is $41.20 and its 200 day simple moving average is $25.95. Verbio has a 52 week low of $28.45 and a 52 week high of $53.14.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Verbio in a research report on Monday, April 27th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

About Verbio

Verbio AG is a Germany-based renewable energy company focused on the production and sale of biofuels and biogas. The company’s core activities include the manufacturing of bioethanol from agricultural feedstocks such as grain and straw, the processing of rapeseed oil into biodiesel, and the upgrading of biogas into biomethane for injection into natural gas networks. In addition to liquid and gaseous fuels, Verbio produces animal feed and pellets, leveraging by-products from its biofuel plants.

Operating a network of production facilities across Germany—including sites in Leipzig, Schwedt, Zörbig, Neubrandenburg and Pinnow—Verbio serves industrial and utility customers throughout Europe.