Vertex Energy Inc (NASDAQ:VTNR) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $1.51 and last traded at $1.49, with a volume of 35804 shares traded. The stock had previously closed at $1.46.
Several research analysts have issued reports on VTNR shares. Zacks Investment Research lowered shares of Vertex Energy from a “buy” rating to a “hold” rating in a report on Saturday, May 19th. Roth Capital restated a “neutral” rating on shares of Vertex Energy in a report on Thursday.
The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.90 and a current ratio of 1.38. The firm has a market capitalization of $47.98 million, a PE ratio of -4.33 and a beta of 1.12.
Vertex Energy (NASDAQ:VTNR) last announced its quarterly earnings data on Thursday, August 9th. The industrial products company reported $0.03 EPS for the quarter, topping the consensus estimate of ($0.05) by $0.08. The company had revenue of $46.92 million during the quarter, compared to the consensus estimate of $42.45 million. Vertex Energy had a negative net margin of 1.91% and a negative return on equity of 7.93%. equities analysts forecast that Vertex Energy Inc will post -0.18 earnings per share for the current year.
An institutional investor recently bought a new position in Vertex Energy stock. Ardsley Advisory Partners acquired a new position in shares of Vertex Energy Inc (NASDAQ:VTNR) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 165,413 shares of the industrial products company’s stock, valued at approximately $175,000. Ardsley Advisory Partners owned 0.47% of Vertex Energy as of its most recent SEC filing. Institutional investors and hedge funds own 11.78% of the company’s stock.
Vertex Energy Company Profile (NASDAQ:VTNR)
Vertex Energy, Inc, an environmental services company, provides a range of services designed to aggregate, process, and recycle industrial and commercial waste systems in 15 states, primarily in the Gulf Coast, Midwest, and Mid-Atlantic regions of the United States. The company operates in three divisions: Black Oil, Refining and Marketing, and Recovery.
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