Vertex Energy Inc (NASDAQ: VTNR) is -96.49% lower on its value in year-to-date trading and has touched a low of $0.11 and a high of $5.03 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 $0.13 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $0.12, the stock is -65.88% and -76.53% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 20.08 million and changing -10.53% at the moment leaves the stock -90.68% off its SMA200. VTNR registered -97.45% loss for a year compared to 6-month loss of -91.50%. The firm has a 50-day simple moving average (SMA 50) of $0.49002 and a 200-day simple moving average (SMA200) of $1.26237.
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The stock witnessed a -70.43% gain in the last 1 month and extending the period to 3 months gives it a -87.40%, and is -69.06% down 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 22.28% over the week and 13.86% over the month.
Vertex Energy Inc (VTNR) has around 481 employees, a market worth around $11.13M and $3.20B in sales. Profit margin for the company is -3.66%. Distance from 52-week low is 7.21% and -97.64% from its 52-week high. The company has generated returns on investments over the last 12 months (-43.69%).
with sales reaching $521.41M over the same period.The EPS is expected to grow by 3.40% this year, but quarterly earnings will post -16.40% year-over-year. Quarterly sales are estimated to shrink -48.80% in year-over-year returns.
Vertex Energy Inc (VTNR) Top Institutional Holders
139.0 institutions hold shares in Vertex Energy Inc (VTNR), with institutional investors hold 35.92% of the company’s shares. The shares outstanding are 93.51M, and float is at 85.73M with Short Float at 13.18%. Institutions hold 32.53% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 6.2 million shares valued at $5.85 million. The investor’s holdings represent 6.6254% of the VTNR Shares outstanding. As of 2024-06-30, the second largest holder is QVT FINANCIAL LP with 4.12 million shares valued at $3.9 million to account for 4.4111 of the shares outstanding. The other top investors are HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC which holds 2.24 million shares representing 2.3946% and valued at over $2.12 million, while BLACKROCK INC. holds 1.6147 of the shares totaling 1.51 million with a market value of $1.43 million.
Vertex Energy Inc (VTNR) Insider Activity
The most recent transaction is an insider sale by Khoury Odeh, the company’s Director. 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.
