Vertex Energy Inc (NASDAQ: VTNR) on Monday, soared 11.44% from the previous trading day, before settling in for the closing price of $0.44. Within the past 52 weeks, VTNR’s price has moved between $0.39 and $5.40.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Energy Sector giant saw their annual sales surged by 303.71% over the last five years. The company achieved an average annual earnings per share of 30.78%. With a float of $85.73 million, this company’s outstanding shares have now reached $93.51 million.
The firm has a total of 481 workers. Let’s measure their productivity. In terms of profitability, gross margin is 3.49%, operating margin of -1.58%, and the pretax margin is -3.2%.
Vertex Energy Inc (VTNR) Insider Activity
Observing investor behavior towards Oil & Gas Refining & Marketing industry stocks is more important than anything else. The insider ownership of Vertex Energy Inc is 8.32%, while institutional ownership is 29.78%. 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) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 30.78% 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
Vertex Energy Inc (VTNR) is currently performing well based on its current performance indicators. A quick ratio of 0.30 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.01.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.27, a number that is poised to hit -0.18 in the next quarter and is forecasted to reach -0.31 in one year’s time.
Technical Analysis of Vertex Energy Inc (VTNR)
Analysing the last 5-days average volume posted by the [Vertex Energy Inc, VTNR], we can find that recorded value of 2.31 million was lower than the volume posted last year of 2.62 million. As of the previous 9 days, the stock’s Stochastic %D was 19.62%. Additionally, its Average True Range was 0.07.
During the past 100 days, Vertex Energy Inc’s (VTNR) raw stochastic average was set at 7.24%, which indicates a significant decrease from 25.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 166.45% in the past 14 days, which was higher than the 129.36% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.8168, while its 200-day Moving Average is $1.7293. Now, the first resistance to watch is $0.5070. This is followed by the second major resistance level at $0.5241. The third major resistance level sits at $0.5581. If the price goes on to break the first support level at $0.4559, it is likely to go to the next support level at $0.4219. Should the price break the second support level, the third support level stands at $0.4048.
Vertex Energy Inc (NASDAQ: VTNR) Key Stats
Market capitalization of the company is 45.82 million based on 93,514K outstanding shares. Right now, sales total 3,177 M and income totals -71,490 K. The company made 750,060 K in profit during its latest quarter, and -53,770 K in sales during its previous quarter.
