The trading price of Vertex Energy Inc (NASDAQ:VTNR) closed lower on Friday, July 12, closing at $0.90, -1.21% lower than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $6.77 and a 52-week low of $0.58. Over the past month, the stock has lost -20.63% in value.
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Vertex Energy Inc, whose market valuation is $84.61 million at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest VTNR has a 100% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Sell, while an average of long term indicators suggests that the stock is currently 100% Sell.
A quick review shows that VTNR’s price is currently -0.99% off the SMA20 and -14.66% off the SMA50. The RSI metric on the 14-day chart is currently showing 48.89, and weekly volatility stands at 13.64%. When measured over the past 30 days, the indicator reaches 11.41%. Vertex Energy Inc (NASDAQ:VTNR)’s beta value is currently sitting at 1.45, while the Average True Range indicator is currently displaying 0.10.
To see how Vertex Energy Inc stock has been performing in comparison to its peers in the industry, here are the numbers: VTNR stock’s performance was -1.21% in the latest trading, and -86.25% in the past year.
An evaluation of the daily trading volume of Vertex Energy Inc (NASDAQ:VTNR) indicates that the 3-month average is 2.72 million.
Currently, records show that 93.51 million of the company’s shares remain outstanding. The insiders hold 8.87% of outstanding shares, whereas institutions hold 34.41%. However, since the stock’s price has seen -73.31% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.