Verde Clean Fuels (NASDAQ:VGAS) Shares Up 2.4% – Should You Buy?

Verde Clean Fuels, Inc. (NASDAQ:VGASGet Free Report)’s share price shot up 2.4% during mid-day trading on Wednesday . The stock traded as high as $4.30 and last traded at $4.30. 27,908 shares were traded during trading, an increase of 43% from the average session volume of 19,487 shares. The stock had previously closed at $4.20.

Verde Clean Fuels Stock Performance

The company has a market capitalization of $137.82 million, a price-to-earnings ratio of -8.43 and a beta of -0.66. The company has a 50-day moving average price of $4.02 and a 200-day moving average price of $4.27.

Verde Clean Fuels (NASDAQ:VGASGet Free Report) last posted its earnings results on Tuesday, August 13th. The company reported ($0.14) earnings per share (EPS) for the quarter.

Verde Clean Fuels Company Profile

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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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