Vertex Energy Inc. (VTNR): Find Out What Insiders Are Doing


Vertex Energy Inc. (NASDAQ:VTNR) traded with an addition of $0.23 to close at $6.24 on Thursday, an upside of 3.83 percent. An average of 1,940,204 shares of common stock have been traded in the last five days. There was a gain of $0.20 in the past week, and it reached a new high 31 times over the past 12 months. The last 20 days have seen an average of 3,020,696 shares traded, while the 50-day average volume stands at 2,896,942.

VTNR stock has decreased by -24.78% in the last month. The company shares reached their 1-month lowest point of $5.42 on 12/20/22. With the stock rallying to its 52-week high on 06/07/22, shares of the company touched a low of $3.30 and a high of $18.10 in 52 weeks. It has reached a new high 29 times so far this year and achieved 32.67% or $1.73 in price. In spite of this, the price is down -65.52% from the 52-week high.

Will You Miss Out On This Growth Stock Boom?

A new megatrend in the fintech market is well underway. Mobile payments are projected to boom into a massive $12 trillion market by 2028. According to Motley Fool this growth stock could "deliver huge returns." Not only in the immediate future but also over the next decade. Especially since the man behind this company is a serial entrepreneur who has been wildly successful over the years.

And this is just one of our 5 Best Growth Stocks To Own For 2023.


Insider Transactions

VTNR stock investors should be aware that Vertex Energy Inc. (VTNR) stock had its last reported insider trading activity 42 days ago on Nov 17. In this transaction, the insider spent $541,995. CEO and President, Cowart Benjamin P, disposed of 66,667 shares at a price of $8.62 on Nov 01. The insider now owns more than $574,990 worth of shares. Prior to that, CEO and President Cowart Benjamin P went on to Sale 71,132 shares at $8.07 each on Oct 19. An amount of $574,035 was transacted.

Valuation Metrics

Vertex Energy Inc. (VTNR) stock’s beta is 2.13. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.23, the price-to-book (PB) ratio at 3.83.

Financial Health

The quick ratio of Vertex Energy Inc. for the three months ended September 29 was 0.80, and the current ratio was 1.40, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 1.79 and a total debt to equity ratio of 1.94 for the quarter ending September 29. Its gross profit as reported stood at $4.58 million compared to revenue of $115.78 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Vertex Energy Inc.’s return on assets was -11.60%.

Earnings Surprise

For the three-month period that ended September 29, Vertex Energy Inc. had $167.67 million in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $22.23 million in the quarter, while revenues of -$66.98 million were grew 64.28%. The analyst consensus anticipated Vertex Energy Inc.’s latest quarter earnings to come in at $0.15 per share, but it turned out to be $0.28, a 86.70% surprise. For the quarter, EBITDA amounted to $29.91 million. Shareholders own equity worth $75.67 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Vertex Energy Inc. (VTNR) price momentum. RSI 9-day as of the close on 28 December was 46.66%, suggesting the stock is Neutral, with historical volatility in this time frame at 60.03%.

As of today, VTNR’s price is $6.19 +3.30% or $0.20 from its 5-day moving average. VTNR is currently trading -24.49% lower than its 20-day SMA and -55.22% lower than its 100-day SMA. However, the stock’s current price level is -19.85% below the SMA50 and -23.10% below the SMA200.

The stochastic %K and %D were 50.01% and 48.25%, respectively, and the average true range (ATR) was 0.39. With the 14-day stochastic at 58.74% and the average true range at 0.44, the RSI (14) stands at 43.65%. The stock has reached 0.17 on the 9-day MACD Oscillator while the 14-day reading was at 0.08.

Analyst Ratings

UBS launched coverage on Vertex Energy Inc. (NASDAQ: VTNR) in its analyst report released on December 14, 2022. The firm assigned the stock a Neutral rating. The consensus rating for Vertex Energy Inc. (VTNR) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell VTNR, while 2 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 3 others rate it as a “buy”.

What is VTNR’s price target for the next 12 months?

Analysts predict a range of price targets between $6.90 and $15.00, with a median target of $14.00. Taking a look at these predictions, the average price target given by analysts for Vertex Energy Inc. (VTNR) stock is $12.48.


Please enter your comment!
Please enter your name here