In the past week, VERX stock has gone up by 0.35%, with a monthly gain of 8.52% and a quarterly surge of 34.72%. The volatility ratio for the week is 3.63%, and the volatility levels for the last 30 days are 3.24% for Vertex Inc The simple moving average for the last 20 days is 3.96% for VERX stock, with a simple moving average of 39.22% for the last 200 days.
Is It Worth Investing in Vertex Inc (NASDAQ: VERX) Right Now?
Vertex Inc (NASDAQ: VERX) has a price-to-earnings ratio of 304.74x that is above its average ratio. Additionally, the 36-month beta value for VERX is 0.77. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 5 rating it as “overweight,” 4 rating it as “hold,” and 0 rating it as “sell.”
The public float for VERX is 58.94M and currently, short sellers hold a 10.07% ratio of that float. The average trading volume of VERX on January 31, 2025 was 913.34K shares.
VERX) stock’s latest price update
The stock of Vertex Inc (NASDAQ: VERX) has decreased by -1.52 when compared to last closing price of 58.08. Despite this, the company has experienced a 0.35% gain in its stock price over the last five trading sessions. investors.com reported 2025-01-30 that Vertex Pharmaceuticals won FDA approval for its non-opioid painkiller Journavx. Vertex stock jumped in late trading.
Analysts’ Opinion of VERX
DA Davidson, on the other hand, stated in their research note that they expect to see VERX reach a price target of $62. The rating they have provided for VERX stocks is “Buy” according to the report published on December 31st, 2024.
Jefferies gave a rating of “Buy” to VERX, setting the target price at $50 in the report published on November 04th of the previous year.
VERX Trading at 5.40% from the 50-Day Moving Average
After a stumble in the market that brought VERX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.67% of loss for the given period.
Volatility was left at 3.24%, however, over the last 30 days, the volatility rate increased by 3.63%, as shares surge +7.82% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.67% upper at present.
During the last 5 trading sessions, VERX rose by +0.35%, which changed the moving average for the period of 200-days by +82.51% in comparison to the 20-day moving average, which settled at $55.02. In addition, Vertex Inc saw 7.22% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at VERX starting from ITEM SECOND IRR. TRUST FBO KYL, who sale 53,843 shares at the price of $56.48 back on Jan 22 ’25. After this action, ITEM SECOND IRR. TRUST FBO KYL now owns 1,229,257 shares of Vertex Inc, valued at $3,041,053 using the latest closing price.
ITEM SECOND IRR. TRUST FBO KYL, the 10% Owner of Vertex Inc, sale 18,157 shares at $56.52 during a trade that took place back on Jan 23 ’25, which means that ITEM SECOND IRR. TRUST FBO KYL is holding 1,211,100 shares at $1,026,234 based on the most recent closing price.
Stock Fundamentals for VERX
Current profitability levels for the company are sitting at:
- 0.02 for the present operating margin
- 0.61 for the gross margin
The net margin for Vertex Inc stands at 0.05. The total capital return value is set at 0.02. Equity return is now at value 12.69, with 3.18 for asset returns.
Based on Vertex Inc (VERX), the company’s capital structure generated 0.58 points at debt to capital in total, while cash flow to debt ratio is standing at 0.48. The debt to equity ratio resting at 1.36. The interest coverage ratio of the stock is 3.23.
Currently, EBITDA for the company is 56.95 million with net debt to EBITDA at 0.95. When we switch over and look at the enterprise to sales, we see a ratio of 13.98. The receivables turnover for the company is 4.95for trailing twelve months and the total asset turnover is 0.54. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.03.
Conclusion
In conclusion, Vertex Inc (VERX) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
