Verde Clean Fuels (NASDAQ:VGAS) Receives Sell (E+) Rating from Weiss Ratings

Key Points

• Verde Clean Fuels (NASDAQ:VGAS) has received a "sell (e+)" rating from Weiss Ratings, indicating a bearish outlook from analysts.
• The company's stock has traded down 1.3%, currently priced at $3.00, with a 1-year trading range between $2.50 and $4.54.
• Recently, institutional investor Creative Planning acquired 10,001 shares of Verde Clean Fuels, indicating a growing interest from institutional investors.

Verde Clean Fuels (NASDAQ:VGAS - Get Free Report)'s stock had its "sell (e+)" rating restated by investment analysts at Weiss Ratings in a research report issued to clients and investors on Wednesday,Weiss Ratings reports.

Verde Clean Fuels Trading Down 1.3%

VGAS traded down $0.04 during trading on Wednesday, hitting $3.00. 2,997 shares of the stock were exchanged, compared to its average volume of 6,651. Verde Clean Fuels has a 1-year low of $2.50 and a 1-year high of $4.54. The stock has a fifty day moving average price of $2.93 and a two-hundred day moving average price of $3.23.

Verde Clean Fuels (NASDAQ:VGAS - Get Free Report) last released its quarterly earnings results on Wednesday, August 13th. The company reported ($0.07) EPS for the quarter.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Verde Clean Fuels stock. Creative Planning purchased a new position in shares of Verde Clean Fuels, Inc. (NASDAQ:VGAS - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 10,001 shares of the company's stock, valued at approximately $34,000. Hedge funds and other institutional investors own 15.61% of the company's stock.

Verde Clean Fuels Company Profile

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.

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