Verbio (VBVBF) Expected to Post Quarterly Earnings on Thursday

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

Verbio Stock Performance

VBVBF stock opened at $29.84 on Thursday. Verbio has a one year low of $28.45 and a one year high of $53.13. The company has a fifty day moving average of $34.70 and a 200-day moving average of $35.67.

Analysts Set New Price Targets

Separately, Jefferies Financial Group upgraded shares of Verbio from a “hold” rating to a “buy” rating in a research note on Thursday, October 15th. Two investment analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, Verbio currently 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.