Shares of Green Plains Inc. (NASDAQ:GPRE) traded today at $29.25, eclipsing its 52-week high. Approximately 307,000 shares have changed hands today, as compared to an average 30-day volume of 1.4 million shares.
Green Plains Inc. share prices have moved between a 52-week high of $29.25 and a 52-week low of $3.81 and are now trading 656% above that low price at $28.80 per share.
Green Plains Inc manufactures and sells ethanol and ethanol byproducts in four segments based on function. The ethanol production segment, which generates the majority of revenue, includes the production of ethanol, grains, and corn oil. The agribusiness and energy services segment includes the grain procurement and commodity marketing business, which markets, sells, and distributes ethanol, distillers grains, and corn oil. The food and ingredients segment includes cattle feeding operations. The partnership segment provides fuel storage and transportation services.
Based on a current price of $28.80, Green Plains Inc. is currently 10.6% above its average consensus analyst price target of $25.75.
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