Vertex Energy Inc [VTNR] stock prices are down -6.67% to $0.43 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The VTNR shares have gain 3.35% over the last week, with a monthly amount drifted -48.74%, 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 August 09, 2024, when Craig Hallum downgraded its rating to a Hold but kept the price target unchanged to $1 for it. Previously, Northland Capital downgraded its rating to Market Perform on January 24, 2024, and kept the price target unchanged to $2. On December 19, 2023, downgrade downgraded it’s rating to Hold but maintained its price target of $4 on the stock. Oppenheimer downgraded its rating to a Perform. TD Cowen initiated its recommendation with a Market Perform and recommended $8 as its price target on March 10, 2023. Oppenheimer upgraded its rating to Outperform for this stock on March 01, 2023, but kept the price target unchanged to $14. In a note dated February 08, 2023, Northland Capital initiated an Outperform rating and provided a target price of $15 on this stock.
The stock price of Vertex Energy Inc [VTNR] has been fluctuating between $0.39 and $5.40 over the past year. 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 $0.43 at the most recent close of the market. An investor can expect a potential return of 2132.56% based on the average VTNR price forecast.
Analyzing the VTNR fundamentals
The Vertex Energy Inc [NASDAQ:VTNR] reported sales of 3.20B for trailing twelve months, representing a surge of 2.06%. Gross Profit Margin for this corporation currently stands at 0.03% with Operating Profit Margin at -0.02%, Pretax Profit Margin comes in at -0.03%, and Net Profit Margin reading is -0.04%. To continue investigating profitability, this company’s Return on Assets is posted at -0.15, Equity is -0.61 and Total Capital is -0.18. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.67.
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 0.4142 points at the first support level, and at 0.3958 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.4596, and for the 2nd resistance point, it is at 0.4866.
Ratios To Look Out For
It’s worth pointing out that Vertex Energy Inc [NASDAQ:VTNR]’s Current Ratio is 0.56. On the other hand, the Quick Ratio is 0.30, and the Cash Ratio is 0.04. Considering the valuation of this stock, the price to sales ratio is 0.01, the price to book ratio is 0.32.
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.
