Vertex Energy Inc. (NASDAQ:VTNR) went up by 2.93% from its latest closing price compared to the recent 1-year high of $18.10. The company’s stock price has collected 30.15% of gains in the last five trading sessions. The Wall Street Journal reported on 05/27/21 that Ford, Snowflake, GameStop: What to Watch When the Stock Market Opens Today
Is It Worth Investing in Vertex Energy Inc. (NASDAQ :VTNR) Right Now?
Plus, the 36-month beta value for VTNR is at 1.79. Opinions of the stock are interesting as 5 analysts out of 5 who provided ratings for Vertex Energy Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $22.20, which is $8.17 above the current price. VTNR currently public float of 49.72M and currently shorts hold a 29.99% ratio of that float. Today, the average trading volume of VTNR was 5.02M shares.
VTNR’s Market Performance
VTNR stocks went up by 30.15% for the week, with a monthly jump of 30.88% and a quarterly performance of 39.19%, while its annual performance rate touched 57.29%. The volatility ratio for the week stands at 8.47% while the volatility levels for the past 30 days are set at 7.70% for Vertex Energy Inc. The simple moving average for the period of the last 20 days is 24.47% for VTNR stocks with a simple moving average of 74.70% for the last 200 days.
Analysts’ Opinion of VTNR
Many brokerage firms have already submitted their reports for VTNR stocks, with Oppenheimer repeating the rating for VTNR by listing it as a “Outperform.” The predicted price for VTNR in the upcoming period, according to Oppenheimer is $18 based on the research report published on July 08th of the current year 2022.
Credit Suisse, on the other hand, stated in their research note that they expect to see VTNR reach a price target of $13. The rating they have provided for VTNR stocks is “Outperform” according to the report published on December 01st, 2021.
Stifel gave a rating of “Hold” to VTNR, setting the target price at $1.50 in the report published on February 10th of the previous year.
VTNR Trading at 9.02% from the 50-Day Moving Average
After a stumble in the market that brought VTNR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -22.49% of loss for the given period.
Volatility was left at 7.70%, however, over the last 30 days, the volatility rate increased by 8.47%, as shares surge +36.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.34% lower at present.
During the last 5 trading sessions, VTNR rose by +30.15%, which changed the moving average for the period of 200-days by +174.56% in comparison to the 20-day moving average, which settled at $11.46. In addition, Vertex Energy Inc. saw 209.71% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at VTNR starting from Cowart Benjamin P, who sale 71,132 shares at the price of $11.33 back on Jul 20. After this action, Cowart Benjamin P now owns 476,252 shares of Vertex Energy Inc., valued at $805,926 using the latest closing price.
Cowart Benjamin P, the CEO and President of Vertex Energy Inc., sale 71,133 shares at $10.38 during a trade that took place back on Jul 12, which means that Cowart Benjamin P is holding 547,384 shares at $738,361 based on the most recent closing price.
Stock Fundamentals for VTNR
Current profitability levels for the company are sitting at:
- -9.51 for the present operating margin
- +5.81 for the gross margin
The net margin for Vertex Energy Inc. stands at -28.16.
The liquidity ratio also appears to be rather interesting for investors as it stands at 4.76.