The 36-month beta value for VTNR is at 1.38. 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 85.73M, and currently, shorts hold a 13.18% of that float. The average trading volume for VTNR on October 04, 2024 was 3.89M shares.
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VTNR) stock’s latest price update
The stock price of Vertex Energy Inc (NASDAQ: VTNR) has dropped by -9.11 compared to previous close of 0.12. Despite this, the company has seen a fall of -9.87% in its stock price over the last five trading days. zacks.com reported 2024-09-27 that VTNR enters a Restructuring Support Agreement, supported by $80M Debtor-in-Possession financing, to continue day-to-day operations.
VTNR’s Market Performance
Vertex Energy Inc (VTNR) has seen a -9.87% fall in stock performance for the week, with a -68.05% decline in the past month and a -84.59% plunge in the past quarter. The volatility ratio for the week is 18.82%, and the volatility levels for the past 30 days are at 15.80% for VTNR. The simple moving average for the past 20 days is -62.11% for VTNR’s stock, with a -91.04% simple moving average for the past 200 days.
Analysts’ Opinion of VTNR
Many brokerage firms have already submitted their reports for VTNR stocks, with Craig Hallum repeating the rating for VTNR by listing it as a “Hold.” The predicted price for VTNR in the upcoming period, according to Craig Hallum is $1 based on the research report published on August 09, 2024 of the current year 2024.
Northland Capital, on the other hand, stated in their research note that they expect to see VTNR reach a price target of $2. The rating they have provided for VTNR stocks is “Market Perform” according to the report published on January 24th, 2024.
Stifel gave a rating of “Hold” to VTNR, setting the target price at $4 in the report published on December 19th of the previous year.
VTNR Trading at -75.14% 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 -97.87% of loss for the given period.
Volatility was left at 15.80%, however, over the last 30 days, the volatility rate increased by 18.82%, as shares sank -67.91% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -86.83% lower at present.
During the last 5 trading sessions, VTNR fell by -8.32%, which changed the moving average for the period of 200-days by -97.00% in comparison to the 20-day moving average, which settled at $0.2715. In addition, Vertex Energy Inc saw -96.84% 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 Khoury Odeh, who sale 2,250 shares at the price of $1.16 back on Apr 10 ’24. After this action, Khoury Odeh now owns 17,784 shares of Vertex Energy Inc, valued at $2,610 using the latest closing price.
Stratton Christopher Allen, the Director of Vertex Energy Inc, sale 100,000 shares at $3.93 during a trade that took place back on Nov 10 ’23, which means that Stratton Christopher Allen is holding 88,405 shares at $392,600 based on the most recent closing price.
Stock Fundamentals for VTNR
Current profitability levels for the company are sitting at:
- -0.02 for the present operating margin
- 0.03 for the gross margin
The net margin for Vertex Energy Inc stands at -0.04. The total capital return value is set at -0.18. Equity return is now at value -63.70, with -14.25 for asset returns.
Based on Vertex Energy Inc (VTNR), the company’s capital structure generated 0.73 points at debt to capital in total, while cash flow to debt ratio is standing at 0.1. The debt to equity ratio resting at 2.67. The interest coverage ratio of the stock is -0.78.
Currently, EBITDA for the company is 2.55 million with net debt to EBITDA at -32.65. When we switch over and look at the enterprise to sales, we see a ratio of 0.14. The receivables turnover for the company is 39.7for trailing twelve months and the total asset turnover is 4.14. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.56.
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.
