Verde Clean Fuels (NASDAQ:VGAS) Releases Earnings Results
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Verde Clean Fuels (NASDAQ:VGAS) reported a quarterly loss of $0.06 per share. The stock fell by $0.08 to $3.06, with a trading volume of 16,114 shares. The company has a market cap of $136.32 million and a P/E ratio of -7.46. Analysts have given the stock a "Sell" rating. Geode Capital Management increased its stake in the company by 12.3% in Q2. Verde Clean Fuels specializes in converting syngas into liquid hydrocarbons. Despite the current "Sell" rating, analysts suggest other stocks as better investments.
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