Green Plains Renewable Energy INC. (GPRE)

[Slashnuts]

GPRE Hit's 52 Week High of $25.00

Green Plains Renewable Energy Inc. (GPRE) Hits New 12-Month High at $25.00

Green Plains Renewable Energy logoShares of Green Plains Renewable Energy Inc. (NASDAQ:GPRE) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $24.75 and last traded at $24.68, with a volume of 720,328 shares changing hands. The stock had previously closed at $23.44.

GPRE has been the topic of several research analyst reports. Zacks Investment Research upgraded shares of Green Plains Renewable Energy from a “hold” rating to a “buy” rating and set a $25.00 target price on the stock in a research report on Thursday, July 14th. Jefferies Group restated a “buy” rating on shares of Green Plains Renewable Energy in a research report on Tuesday, May 3rd. Three equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. Green Plains Renewable Energy currently has an average rating of “Buy” and a consensus price target of $25.86.

The company has a 50-day moving average price of $22.18 and a 200 day moving average price of $18.01. The stock’s market cap is $955.34 million.


Green Plains Renewable Energy (NASDAQ:GPRE) last announced its quarterly earnings data on Monday, August 1st. The company reported $0.21 EPS for the quarter, topping the Zacks’ consensus estimate of ($0.08) by $0.29. The firm had revenue of $887.70 million for the quarter, compared to analysts’ expectations of $803.62 million. During the same quarter in the previous year, the company posted $0.19 EPS. The firm’s quarterly revenue was up 19.2% compared to the same quarter last year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 16th. Shareholders of record on Friday, August 26th will be given a dividend of $0.12 per share. The ex-dividend date is Wednesday, August 24th. This represents a $0.48 dividend on an annualized basis and a yield of 2.05%.

http://www.dailypolitical.com/2016/08/23/green-plains-renewable-energy-inc-gpre-hits-new-12-month-high-at-24-75/

Long LGORF @ $.12 and Not Selling
Long GPRE @ $7 and Not Selling
Good Luck To All!$!$!$