Vertex Energy Inc (VTNR) concluded trading on Thursday at a closing price of $0.48, with 5.27 million shares of worth about $2.53 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -64.63% during that period and on August 08, 2024 the price saw a loss of about -26.47%. Currently the company’s common shares owned by public are about 93.51M shares, out of which, 85.73M shares are available for trading.
Stock saw a price change of -36.00% in past 5 days and over the past one month there was a price change of -34.10%. Year-to-date (YTD), VTNR shares are showing a performance of -85.81% which decreased to -90.24% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.58 but also hit the highest price of $5.40 during that period. The average intraday trading volume for Vertex Energy Inc shares is 2.30 million. The stock is currently trading -42.59% below its 20-day simple moving average (SMA20), while that difference is down -47.75% for SMA50 and it goes to -74.52% lower than SMA200.
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Vertex Energy Inc (NASDAQ: VTNR) currently have 93.51M outstanding shares and institutions hold larger chunk of about 33.44% of that.
The stock has a current market capitalization of $44.99M and its 3Y-monthly beta is at 1.48. It has posted earnings per share of -$1.76 in the same period. It has Quick Ratio of 0.43 while making debt-to-equity ratio of 2.82. 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 10.61% while standing at 11.46% over the month.
Stock’s fiscal year EPS is expected to rise by 49.61% while it is estimated to increase by 58.07% in next year. EPS is likely to grow at an annualized rate of 20.00% for next 5-years, compared to annual growth of -45.16% 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. Coverage by Stifel stated Vertex Energy Inc (VTNR) stock as a Hold in their note to investors on December 19, 2023, suggesting a price target of $4 for the stock. On July 26, 2023, Oppenheimer Downgrade their recommendations, while on March 10, 2023, TD Cowen Initiated their ratings for the stock with a price target of $8. Stock get an Outperform rating from Oppenheimer on March 01, 2023.
