Vertex Energy Inc (VTNR) concluded trading on Thursday at a closing price of $1.55, with 4.18 million shares of worth about $6.47 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -69.00% during that period and on Thursday, February 01 price saw a gain of about 6.16%. Currently the company’s common shares owned by public are about 93.51M shares, out of which, 84.66M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 25 times over the past 12 months. They bought 559,290 shares in 15 of the transactions. In 10 selling transactions, insiders dumped 437,295 shares.
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However, the stock later moved at a day high price of 1.7800, or with a gain of 6.16%. Stock saw a price change of 12.73% in past 5 days and over the past one month there was a price change of -36.21%. Year-to-date (YTD), VTNR shares are showing a performance of -54.28% which decreased to -78.71% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.32 but also hit the highest price of $11.20 during that period. The average intraday trading volume for Vertex Energy Inc shares is 3.34 million. The stock is currently trading -17.74% below its 20-day simple moving average (SMA20), while that difference is down -44.96% for SMA50 and it goes to -67.92% lower than SMA200.
Vertex Energy Inc (NASDAQ: VTNR) currently have 93.51M outstanding shares and institutions hold larger chunk of about 45.51% of that.
The stock has a current market capitalization of $144.94M and its 3Y-monthly beta is at 1.65. It has posted earnings per share of -$0.22 in the same period. It has Quick Ratio of 0.49 while making debt-to-equity ratio of 1.87. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for VTNR, volatility over the week remained 10.90% while standing at 10.29% over the month.
Analysts are in expectations that Vertex Energy Inc (VTNR) stock would likely to be making an EPS of -$0.11 in the current quarter, while forecast for next quarter EPS is $0.04 and it is $0.05 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.24 which is $0.06 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.71 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -673.40% while it is estimated to increase by 79.77% in next year. EPS is likely to shrink at an annualized rate of 20.00% for next 5-years, compared to annual growth of 27.09% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Northland Capital on January 24, 2024 offering a Market perform rating for the stock and assigned a target price of $2 to it.
