Stoneridge Investment Partners LLC Takes Position in Verde Clean Fuels, Inc. (NASDAQ:VGAS)

Stoneridge Investment Partners LLC purchased a new position in shares of Verde Clean Fuels, Inc. (NASDAQ:VGAS) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 15,307 shares of the company’s stock, valued at approximately $62,000.

Separately, Geode Capital Management LLC grew its holdings in Verde Clean Fuels by 8.6% during the 3rd quarter. Geode Capital Management LLC now owns 77,807 shares of the company’s stock worth $310,000 after acquiring an additional 6,191 shares during the period. Institutional investors and hedge funds own 15.61% of the company’s stock.

Verde Clean Fuels Stock Down 2.5 %

VGAS stock opened at $3.91 on Friday. Verde Clean Fuels, Inc. has a twelve month low of $2.52 and a twelve month high of $5.61. The company has a market cap of $125.32 million, a P/E ratio of -7.82 and a beta of -0.62. The business’s fifty day moving average is $3.89 and its 200-day moving average is $4.00.

About Verde Clean Fuels

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.