In last trading session, Vertex Energy Inc (NASDAQ:VTNR) saw 1.24 million shares changing hands with its beta currently measuring 1.63. Company’s recent per share price level of $1.29 trading at -$0.01 or -0.77% at ring of the bell on the day assigns it a market valuation of $120.63M. That closing price of VTNR’s stock is at a discount of -516.28% from its 52-week high price of $7.95 and is indicating a premium of 26.36% from its 52-week low price of $0.95. Taking a look at company’s average trading volume volume of 2.44 million if we extend that period to 3-months.
Vertex Energy Inc (NASDAQ:VTNR) trade information
Upright in the red during last session for losing -0.77%, in the last five days VTNR remained trading in the red while hitting it’s week-highest on Thursday, 04/25/24 when the stock touched $1.29 price level, adding 11.64% to its value on the day. Vertex Energy Inc’s shares saw a change of -61.95% in year-to-date performance and have moved -9.79% in past 5-day. Vertex Energy Inc (NASDAQ:VTNR) showed a performance of -1.53% in past 30-days.
Vertex Energy Inc (VTNR) estimates and forecasts
Statistics highlight that Vertex Energy Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -69.93% of value to its shares in past 6 months, showing an annual growth rate of 70.75% while that of industry is 18.80. Apart from that, the company came raising its revenue forecast for fiscal year 2024. The company is estimating its revenue growth to decrease by -122.10% in the current quarter and calculating 91.30% increase in the next quarter. This year revenue growth is estimated to fall -1.60% from the last financial year’s standing.
7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $690.82 million for the same. And 7 analysts are in estimates of company making revenue of $788.11 million in the next quarter that will end on Jun 2024. Company posted $754.25 million and $734.89 million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to shrink by -8.40% while estimating it to be 7.20% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -45.16% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 63.46% while estimates for its earnings growth in next 5 years are of 20.00%.
VTNR Dividends
Vertex Energy Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
