Green Plains (NASDAQ:GPRE) Stock Price Down 4.1% – Should You Sell?

Green Plains Inc. (NASDAQ:GPRE) shares fell 4.1% on Monday . The stock traded as low as $10.27 and last traded at $10.27. 29,203 shares traded hands during mid-day trading, a decline of 97% from the average session volume of 1,100,767 shares. The stock had previously closed at $10.71.

Analysts Set New Price Targets

Several brokerages recently commented on GPRE. Truist Financial decreased 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 report on Wednesday, October 16th. UBS Group reduced their target price on Green Plains from $26.00 to $23.50 and set a “buy” rating on the stock in a research report on Monday, August 19th. Stephens raised Green Plains to a “hold” rating in a research report on Monday, December 2nd. Finally, StockNews.com raised shares of Green Plains from a “sell” rating to a “hold” rating in a research note on Friday, December 6th. Four equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $25.50.

Green Plains Trading Down 4.0 %

The stock has a market cap of $664.61 million, a price-to-earnings ratio of -28.18 and a beta of 1.44. The company’s 50 day simple moving average is $11.48 and its two-hundred day simple moving average is $13.72. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.16 and a current ratio of 1.78.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of GPRE. Point72 Hong Kong Ltd bought a new position in shares of Green Plains in the second quarter worth 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 purchased a new position in shares of Green Plains during the 3rd quarter valued at $52,000. nVerses Capital LLC purchased a new stake in Green Plains during the third quarter valued at about $65,000. Finally, DRW Securities LLC bought a new position in shares of Green Plains in the second quarter worth $168,000.

About Green Plains

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.