A share price of Vertex Energy Inc [VTNR] is currently trading at $0.90, down -1.21%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The VTNR shares have gain 29.91% over the last week, with a monthly amount drifted -20.63%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Vertex Energy Inc [NASDAQ: VTNR] stock has seen the most recent analyst activity on January 24, 2024, when Northland Capital downgraded its rating to a Market Perform but kept the price target unchanged to $2 for it. Previously, Stifel downgraded its rating to Hold on December 19, 2023, and kept the price target unchanged to $4. On July 26, 2023, downgrade downgraded it’s rating to Perform. TD Cowen started tracking the stock assigning a Market Perform rating and suggested a price target of $8 on March 10, 2023. Oppenheimer upgraded its rating to a Outperform but $14 remained the price target by the analyst firm on March 01, 2023. Northland Capital started tracking with a Outperform rating for this stock on February 08, 2023, and assigned it a price target of $15. In a note dated December 14, 2022, UBS initiated an Neutral rating and provided a target price of $6.90 on this stock.
Vertex Energy Inc experienced fluctuations in its stock price throughout the past year between $0.58 and $6.77. Currently, Wall Street analysts expect the stock to reach $9.6 within the next 12 months. Vertex Energy Inc [NASDAQ: VTNR] shares were valued at $0.90 at the most recent close of the market. An investor can expect a potential return of 966.67% based on the average VTNR price forecast.
Analyzing the VTNR fundamentals
Trailing Twelve Months sales for Vertex Energy Inc [NASDAQ:VTNR] were 3.18B which represents 0.61% growth. Gross Profit Margin for this corporation currently stands at 0.03% with Operating Profit Margin at -0.02%, Pretax Profit Margin comes in at -0.05%, and Net Profit Margin reading is -0.04%. To continue investigating profitability, this company’s Return on Assets is posted at -0.17, Equity is -0.66 and Total Capital is -0.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.1.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.8632 points at the first support level, and at 0.8216 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.9682, and for the 2nd resistance point, it is at 1.0316.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Vertex Energy Inc [NASDAQ:VTNR] is 1.02. Also, the Quick Ratio is 0.43, while the Cash Ratio stands at 0.2. Considering the valuation of this stock, the price to sales ratio is 0.03, the price to book ratio is 0.47.
Transactions by insiders
Recent insider trading involved Khoury Odeh, Director, that happened on Apr 10 ’24 when 2250.0 shares were sold. Director, Stratton Christopher Allen completed a deal on Nov 10 ’23 to sell 100000.0 shares.
