Vertex Inc (VERX) concluded trading on Thursday at a closing price of $34.54, with 7.49 million shares of worth about $258.73 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -8.09% during that period and on February 27, 2025 the price saw a loss of about -18.98%. Currently the company’s common shares owned by public are about 65.72M shares, out of which, 58.93M shares are available for trading.
Stock saw a price change of -23.99% in past 5 days and over the past one month there was a price change of -41.41%. Year-to-date (YTD), VERX shares are showing a performance of -35.26% which increased to 37.12% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $24.75 but also hit the highest price of $60.71 during that period. The average intraday trading volume for Vertex Inc shares is 901.13K. The stock is currently trading -30.93% below its 20-day simple moving average (SMA20), while that difference is down -34.31% for SMA50 and it goes to -19.68% lower than SMA200.
Vertex Inc (NASDAQ: VERX) currently have 65.72M outstanding shares and institutions hold larger chunk of about 47.58% of that.
The stock has a current market capitalization of $5.39B and its 3Y-monthly beta is at 0.83. PE ratio of stock for trailing 12 months is 184.02, while it has posted earnings per share of $0.19 in the same period. It has Quick Ratio of 1.03 while making debt-to-equity ratio of 1.36. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for VERX, volatility over the week remained 7.85% while standing at 5.46% over the month.
Stock’s fiscal year EPS is expected to rise by 8.35% while it is estimated to increase by 29.29% in next year.
Coverage by DA Davidson stated Vertex Inc (VERX) stock as a Buy in their note to investors on December 31, 2024, suggesting a price target of $62 for the stock. On November 04, 2024, Jefferies Upgrade their recommendations, while on July 23, 2024, Robert W. Baird Initiated their ratings for the stock with a price target of $43. Stock get a Neutral rating from BofA Securities on March 01, 2024.
