Verbio (VBVBF) Projected to Release Earnings on Thursday

Verbio (OTCMKTS:VBVBF) will likely be announcing its results before the market opens on Thursday, November 12th. Analysts expect Verbio to post earnings of $0.5660 per share and revenue of $605.84 million for the quarter.

Verbio Price Performance

Shares of OTCMKTS:VBVBF opened at $29.84 on Tuesday. Verbio has a 12 month low of $28.45 and a 12 month high of $53.13. The stock’s 50 day moving average price is $34.27 and its 200 day moving average price is $35.86.

Analyst Ratings Changes

Separately, Jefferies Financial Group upgraded Verbio from a “hold” rating to a “buy” rating in a research report on Thursday, October 15th. Two equities research analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, Verbio has a consensus rating of “Buy”.

Verbio Company Profile

Verbio SE is a Germany-based renewable energy company that produces biofuels and other products from agricultural materials and organic residues. Its activities include converting feedstocks such as straw, grain, and vegetable oils into lower-carbon alternatives to conventional fuels.

The company’s products include biomethane, biodiesel, and bioethanol, as well as bio-based chemicals and agricultural by-products. Verbio serves transport and industrial customers seeking renewable fuels and materials.

Founded in 2006, Verbio has expanded beyond its German roots, with operations and business activities in markets across Europe, North America, and Asia.