15,307 Shares in Verde Clean Fuels, Inc. (NASDAQ:VGAS) Purchased by Stoneridge Investment Partners LLC

Stoneridge Investment Partners LLC purchased a new stake in Verde Clean Fuels, Inc. (NASDAQ:VGAS) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 15,307 shares of the company’s stock, valued at approximately $62,000.

Separately, Geode Capital Management LLC boosted its holdings in shares of Verde Clean Fuels by 8.6% in the 3rd quarter. Geode Capital Management LLC now owns 77,807 shares of the company’s stock worth $310,000 after acquiring an additional 6,191 shares in the last quarter. 15.61% of the stock is owned by hedge funds and other institutional investors.

Verde Clean Fuels Price Performance

NASDAQ VGAS opened at $3.91 on Friday. The stock’s 50 day simple moving average is $3.89 and its 200 day simple moving average is $4.00. Verde Clean Fuels, Inc. has a one year low of $2.52 and a one year high of $5.61. The firm has a market cap of $125.32 million, a PE ratio of -7.82 and a beta of -0.62.

Verde Clean Fuels 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.