Buy, Sell Or Hold Vertex Energy Inc (NASDAQ:VTNR) At $1.11?

In last trading session, Vertex Energy Inc (NASDAQ:VTNR) saw 2.26 million shares changing hands with its beta currently measuring 1.45. Company’s recent per share price level of $1.11 trading at $0.09 or 8.82% at ring of the bell on the day assigns it a market valuation of $103.80M. That closing price of VTNR’s stock is at a discount of -545.95% from its 52-week high price of $7.17 and is indicating a premium of 14.41% from its 52-week low price of $0.95. Taking a look at company’s average trading volume volume of 2.48 million if we extend that period to 3-months.

Vertex Energy Inc (NASDAQ:VTNR) trade information

Upright in the green during last session for gaining 8.82%, in the last five days VTNR remained trading in the red while hitting it’s week-highest on Thursday, 05/16/24 when the stock touched $1.11 price level, adding 3.9% to its value on the day. Vertex Energy Inc’s shares saw a change of -67.26% in year-to-date performance and have moved -3.48% in past 5-day. Vertex Energy Inc (NASDAQ:VTNR) showed a performance of -33.93% in past 30-days.

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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 -71.09% of value to its shares in past 6 months, showing an annual growth rate of 66.67% while that of industry is 19.50. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -9.60% from the last financial year’s standing.

6 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 733.53M for the same. And 6 analysts are in estimates of company making revenue of 747.67M in the next quarter. Company posted 734.89M and 1.02B of sales in current and next quarters respectively a year earlier.

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 60.00% 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.