On Monday, Vertex Energy Inc (NASDAQ: VTNR) opened higher 5.80% from the last sessionbefore settling in for the closing price of $0.40. Price fluctuations for VTNR have ranged from $0.30 to $5.31 over the past 52 weeks.
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A company in the Energy sector has jumped its sales by 303.71% annually for the last half of the decade. Company’s average yearly earnings per share was noted 30.78% at the time writing. With a float of $85.73 million, this company’s outstanding shares have now reached $93.51 million.
In an organization with 481 employees, it is important to assess its efficiency. 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 Updates
A key investor’s attitude towards the stock of the Oil & Gas Refining & Marketing industry is another important factor to consider. 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) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.17 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.14) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.2 per share during the current fiscal year.
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
Check out the current performance indicators for Vertex Energy Inc (VTNR). In the past quarter, the stock posted a quick ratio of 0.30. 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)
Let’s dig in a bit further. During the last 5-days, its volume was 1.42 million. That was inferior than the volume of 2.5 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 67.90%. Additionally, its Average True Range was 0.05.
During the past 100 days, Vertex Energy Inc’s (VTNR) raw stochastic average was set at 8.53%, which indicates a significant decrease from 72.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 100.46% in the past 14 days, which was lower than the 123.88% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.5969, while its 200-day Moving Average is $1.3992. However, in the short run, Vertex Energy Inc’s stock first resistance to watch stands at $0.4593. Second resistance stands at $0.4955. The third major resistance level sits at $0.5430. If the price goes on to break the first support level at $0.3756, it is likely to go to the next support level at $0.3281. Assuming the price breaks the second support level, the third support level stands at $0.2919.
Vertex Energy Inc (NASDAQ: VTNR) Key Stats
There are currently 93,514K shares outstanding in the company with a market cap of 39.57 million. Presently, the company’s annual sales total 3,177 M according to its annual income of -71,490 K. Last quarter, the company’s sales amounted to 750,060 K and its income totaled -53,770 K.
