Craig Hallum has recently reduced Vertex Energy Inc (VTNR) stock to Hold rating, as announced on August 9, 2024, according to Finviz. Earlier, on January 24, 2024, Northland Capital had reduced the stock from a Outperform to Market Perform, setting a price target of $2. Stifel also reduced Hold rating with a price target of $4. Additionally, Oppenheimer reduced Perform rating on July 26, 2023. TD Cowen analysts, in their report published on March 10, 2023, also initiated Market Perform rating and set a price target of $8 for Vertex Energy Inc’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
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Vertex Energy Inc (VTNR) Stock Trading Recap
On Friday, Vertex Energy Inc (VTNR) stock saw a modest uptick, ending the day at $0.34 which represents no change from the prior close of $0.34. The stock opened at $0.34 and touched a low of $0.33 during the day, reaching a high of $0.35. The volume of shares traded was 1.74 million falling short of the average volume of 2.34 million.
VTNR Stock Performance and Moving Averages
In recent trading, Vertex Energy Inc (VTNR) stock price has shown some volatility, fluctuating -17.54% over the last five trades and -48.04% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by -74.44%, and it has plunged by -68.22% in the previous three months. Currently, VTNR is trading at -19.76%, -48.63%, and -77.48% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, VTNR, a Energy sector stock, is trading -93.70% below its 52-week high but remains 2.07% above its 52-week low. The Average True Range (ATR) (14 days) of 0.05 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Vertex Energy Inc’s Profitability and Valuation Ratios
Vertex Energy Inc’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of -1.44% and a profit margin of -3.66%, with a gross margin of -74.44%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Vertex Energy Inc’s market capitalization stands at $31.79 million. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. Additionally, the Price-to-Sales Ratio is 0.01, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 0.25, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 8.32% of Vertex Energy Inc (VTNR)’s shares, while financial institutions hold 29.78%.
Notable insider trades include Stratton Christopher Allen, Director at Vertex Energy Inc (VTNR), who sold 100000 shares on Nov 10 ’23, at $3.93 each, totaling $0.39 million.
