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Are we looking at the next big move in Vertex Energy Inc (VTNR)?

Vertex Energy Inc (NASDAQ: VTNR) is -50.44% lower on its value in year-to-date trading and has touched a low of $0.95 and a high of $8.17 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The VTNR stock was last observed hovering at around $1.55 in the last trading session, with the day’s gains setting it 0.13%.

Currently trading at $1.68, the stock is 34.19% and 23.18% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.15 million and changing 8.39% at the moment leaves the stock -49.78% off its SMA200. VTNR registered -77.78% loss for a year compared to 6-month loss of -63.95%.

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The stock witnessed a 20.86% gain in the last 1 month and extending the period to 3 months gives it a -9.19%, and is 71.43% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 18.28% over the week and 10.82% over the month.

Vertex Energy Inc (VTNR) has around 481 employees, a market worth around $157.10M and $3.18B in sales. Profit margin for the company is -3.94%. Distance from 52-week low is 76.84% and -79.44% from its 52-week high. The company has generated returns on investments over the last 12 months (-24.67%).

The EPS is expected to grow by 63.46% this year.

Vertex Energy Inc (VTNR) Top Institutional Holders

The shares outstanding are 93.51M, and float is at 84.78M with Short Float at 20.62%.

Vertex Energy Inc (VTNR) Insider Activity

The most recent transaction is an insider sale by Khoury Odeh,the company’sDirector. SEC filings show that Khoury Odeh sold 2,250 shares of the company’s common stock on Apr 10 ’24 at a price of $1.16 per share for a total of $2610.0. Following the sale, the insider now owns 17784.0 shares.

Vertex Energy Inc disclosed in a document filed with the SEC on Nov 10 ’23 that Stratton Christopher Allen (Director) sold a total of 100,000 shares of the company’s common stock. The trade occurred on Nov 10 ’23 and was made at $3.93 per share for $0.39 million. Following the transaction, the insider now directly holds 88405.0 shares of the VTNR stock.

Still, SEC filings show that on May 12 ’23, Rhame James Gary (Chief Operating Officer) acquired 4,000 shares at an average price of $6.33 for $25310.0. The insider now directly holds 14,648 shares of Vertex Energy Inc (VTNR).

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