Vertex Energy Inc. [VTNR] Stock trading around $1.13 per share: What’s Next?

Vertex Energy Inc. [NASDAQ: VTNR] stock went on an upward path that rose over 27.11% on Thursday, amounting to a one-week price increase of more than 28.41%. The company report on January 1, 2021 that Vertex Energy, Inc. Granted 180-Day Extension by Nasdaq to Regain Compliance with Minimum Bid Price Rule.

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Vertex Energy, Inc. (NASDAQ:VTNR, “Vertex” or the “Company”), a leading specialty refiner and marketer of high-quality hydrocarbon products, announced that the Company received formal notification from the Listing Qualification Department of the Nasdaq Stock Market (“Nasdaq”) notifying the Company that it has been granted an additional 180-day compliance period, or until June 28, 2021, to regain compliance with the minimum $1.00 bid price per share requirement of Nasdaq’s Marketplace Rule 5550(a)(2) (the “Rule”).

If at any time until June 28, 2021, the bid price of the Company’s common stock closes at or above $1.00 per share for a minimum of 10 consecutive trading days, the Company will regain compliance with the Rule, and the matter will be closed.

Over the last 12 months, VTNR stock dropped by -36.87%. The average equity rating for VTNR stock is currently 1.70, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $55.26 million, with 45.56 million shares outstanding and 31.69 million shares in the current float. Compared to the average trading volume of 530.91K shares, VTNR stock reached a trading volume of 20755050 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Vertex Energy Inc. [VTNR]:

H.C. Wainwright have made an estimate for Vertex Energy Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 09, 2019. While these analysts kept the previous recommendation, ROTH Capital raised their target price to Neutral. The new note on the price target was released on October 05, 2016, representing the official price target for Vertex Energy Inc. stock. Previously, the target price had yet another drop from $3 to $2.30, while Imperial Capital kept a In-line rating on VTNR stock. On January 27, 2015, analysts decreased their price target for VTNR shares from 8.50 to 5.50.

The Average True Range (ATR) for Vertex Energy Inc. is set at 0.11, with the Price to Sales ratio for VTNR stock in the period of the last 12 months amounting to 0.40. The Price to Book ratio for the last quarter was 5.14, with the Price to Cash per share for the same quarter was set at 0.32. Price to Free Cash Flow for VTNR in the course of the last twelve months was 24.02 with Quick ratio for the last quarter at 1.30.

VTNR Stock Performance Analysis:

Vertex Energy Inc. [VTNR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 28.41. With this latest performance, VTNR shares gained by 68.51% in over the last four-week period, additionally plugging by 82.88% over the last 6 months – not to mention a drop of -36.87% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for VTNR stock in for the last two-week period is set at 83.57, with the RSI for the last a single of trading hit 87.96, and the three-weeks RSI is set at 79.55 for Vertex Energy Inc. [VTNR]. The present Moving Average for the last 50 days of trading for this stock 0.6648, while it was recorded at 0.9130 for the last single week of trading, and 0.6042 for the last 200 days.

Insight into Vertex Energy Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Vertex Energy Inc. [VTNR] shares currently have an operating margin of -1.70 and a Gross Margin at +13.10. Vertex Energy Inc.’s Net Margin is presently recorded at -4.49.

Return on Total Capital for VTNR is now -3.15, given the latest momentum, and Return on Invested Capital for the company is -9.58. Return on Equity for this stock declined to -15.33, with Return on Assets sitting at -7.15. When it comes to the capital structure of this company, Vertex Energy Inc. [VTNR] has a Total Debt to Total Equity ratio set at 117.51. Additionally, VTNR Total Debt to Total Capital is recorded at 54.02, with Total Debt to Total Assets ending up at 44.83. Long-Term Debt to Equity for the company is recorded at 191.47, with the Long-Term Debt to Total Capital now at 42.65.

Reflecting on the efficiency of the workforce at the company, Vertex Energy Inc. [VTNR] managed to generate an average of -$32,569 per employee. Receivables Turnover for the company is 15.29 with a Total Asset Turnover recorded at a value of 1.59.Vertex Energy Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.30 and a Current Ratio set at 1.40.

VTNR Stock EPS

With the latest financial reports released by the company, Vertex Energy Inc. posted 0/share EPS, while the average EPS was predicted by analysts to be reported at -0.04/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 100.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for VTNR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Vertex Energy Inc. go to 20.00%.

Vertex Energy Inc. [VTNR] Insider Position Details

There are presently around $7 million, or 13.30% of VTNR stock, in the hands of institutional investors. The top three institutional holders of VTNR stocks are: TENSILE CAPITAL MANAGEMENT LLC with ownership of 1,500,000, which is approximately 0% of the company’s market cap and around 6.10% of the total institutional ownership; VANGUARD GROUP INC, holding 1,499,293 shares of the stock with an approximate value of $1.69 million in VTNR stocks shares; and MANATUCK HILL PARTNERS, LLC, currently with $1.45 million in VTNR stock with ownership of nearly 0% of the company’s market capitalization.

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Positions in Vertex Energy Inc. stocks held by institutional investors increased at the end of March and at the time of the March reporting period, where 6 institutional holders increased their position in Vertex Energy Inc. [NASDAQ:VTNR] by around 166,754 shares. Additionally, 12 investors decreased positions by around 680,288 shares, while 14 investors held positions by with 5,312,355 shares. The mentioned changes placed institutional holdings at 6,159,397 shares, according to the latest SEC report filing. VTNR stock had 3 new institutional investments in for a total of 39,482 shares, while 6 institutional investors sold positions of 645,891 shares during the same period.

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