The stock of Vertex Energy Inc (VTNR) has seen a -8.40% decrease in the past week, with a -6.98% drop in the past month, and a -46.19% decrease in the past quarter. The volatility ratio for the week is 6.44%, and the volatility levels for the past 30 days are at 8.97% for VTNR. The simple moving average for the last 20 days is -6.98% for VTNR stock, with a simple moving average of -66.48% for the last 200 days.
Is It Worth Investing in Vertex Energy Inc (NASDAQ: VTNR) Right Now?
The 36-month beta value for VTNR is at 1.63. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for VTNR is 84.78M, and currently, shorts hold a 20.82% of that float. The average trading volume for VTNR on April 09, 2024 was 2.46M shares.
VTNR) stock’s latest price update
Vertex Energy Inc (NASDAQ: VTNR)’s stock price has decreased by -5.51 compared to its previous closing price of 1.27. However, the company has seen a -8.40% decrease in its stock price over the last five trading sessions. Seeking Alpha reported 2024-02-28 that Vertex Energy, Inc. (VTNR) Q4 2023 Earnings Call Transcript
Analysts’ Opinion of VTNR
Many brokerage firms have already submitted their reports for VTNR stocks, with Northland Capital repeating the rating for VTNR by listing it as a “Market Perform.” The predicted price for VTNR in the upcoming period, according to Northland Capital is $2 based on the research report published on January 24, 2024 of the current year 2024.
Stifel, on the other hand, stated in their research note that they expect to see VTNR reach a price target of $4. The rating they have provided for VTNR stocks is “Hold” according to the report published on December 19th, 2023.
VTNR Trading at -15.43% 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 -87.13% of loss for the given period.
Volatility was left at 8.97%, however, over the last 30 days, the volatility rate increased by 6.44%, as shares sank -0.52% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.19% lower at present.
During the last 5 trading sessions, VTNR fell by -6.60%, which changed the moving average for the period of 200-days by -77.17% in comparison to the 20-day moving average, which settled at $1.2897. In addition, Vertex Energy Inc saw -64.60% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at VTNR starting from Stratton Christopher Allen, who sale 100,000 shares at the price of $3.93 back on Nov 10 ’23. After this action, Stratton Christopher Allen now owns 88,405 shares of Vertex Energy Inc, valued at $392,600 using the latest closing price.
Rhame James Gary, the Chief Operating Officer of Vertex Energy Inc, purchase 4,000 shares at $6.33 during a trade that took place back on May 12 ’23, which means that Rhame James Gary is holding 14,648 shares at $25,310 based on the most recent closing price.
Stock Fundamentals for VTNR
Current profitability levels for the company are sitting at:
- -0.01 for the present operating margin
- 0.05 for the gross margin
The net margin for Vertex Energy Inc stands at -0.04. The total capital return value is set at -0.05. Equity return is now at value -69.81, with -14.75 for asset returns.
Based on Vertex Energy Inc (VTNR), the company’s capital structure generated 0.52 points at debt to capital in total, while cash flow to debt ratio is standing at -0.28. The debt to equity ratio resting at 1.07. The interest coverage ratio of the stock is -0.24.
Currently, EBITDA for the company is 2.55 million with net debt to EBITDA at 75.49. When we switch over and look at the enterprise to sales, we see a ratio of 0.12. The receivables turnover for the company is 87.85for trailing twelve months and the total asset turnover is 3.72. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.07.
Conclusion
In conclusion, Vertex Energy Inc (VTNR) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
