A new trading day began on Friday, with Vertex Energy Inc (NASDAQ: VTNR) stock price down -5.45% from the previous day of trading, before settling in for the closing price of $1.10. VTNR’s price has ranged from $1.06 to $9.32 over the past 52 weeks.
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Annual sales at Energy sector company grew by 303.71% over the past five years. Meanwhile, its annual earnings per share averaged 62.40%. With a float of $84.78 million, this company’s outstanding shares have now reached $93.51 million.
Let’s look at the performance matrix of the company that is accounted for 481 employees.
Vertex Energy Inc (VTNR) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas Refining & Marketing Industry. The insider ownership of Vertex Energy Inc is 9.34%, while institutional ownership is 45.58%. The most recent insider transaction that took place on Apr 10 ’24, was worth 2,610. In this transaction Director of this company sold 2,250 shares at a rate of $1.16, taking the stock ownership to the 17,784 shares. Before that another transaction happened on Nov 10 ’23, when Company’s Director sold 100,000 for $3.93, making the entire transaction worth $392,600. This insider now owns 88,405 shares in total.
Vertex Energy Inc (VTNR) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 62.40% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 20.00% during the next five years compared to -45.16% drop over the previous five years of trading.
Vertex Energy Inc (NASDAQ: VTNR) Trading Performance Indicators
Here are Vertex Energy Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.52. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.03.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.50, a number that is poised to hit -0.16 in the next quarter and is forecasted to reach -0.77 in one year’s time.
Technical Analysis of Vertex Energy Inc (VTNR)
Vertex Energy Inc (NASDAQ: VTNR) saw its 5-day average volume 2.07 million, a negative change from its year-to-date volume of 2.74 million. As of the previous 9 days, the stock’s Stochastic %D was 9.88%. Additionally, its Average True Range was 0.12.
During the past 100 days, Vertex Energy Inc’s (VTNR) raw stochastic average was set at 1.32%, which indicates a significant decrease from 8.16% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 62.06% in the past 14 days, which was lower than the 105.20% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.3895, while its 200-day Moving Average is $3.4920. Nevertheless, the first resistance level for the watch stands at $1.1333 in the near term. At $1.2267, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.2933. If the price goes on to break the first support level at $0.9733, it is likely to go to the next support level at $0.9067. Assuming the price breaks the second support level, the third support level stands at $0.8133.
Vertex Energy Inc (NASDAQ: VTNR) Key Stats
With a market capitalization of 97.25 million, the company has a total of 93,514K Shares Outstanding. Currently, annual sales are 3,177 M while annual income is -71,490 K. The company’s previous quarter sales were 732,740 K while its latest quarter income was -63,790 K.
