A report released today by Roth Capital about Vertex Energy (NASDAQ:VTNR) raises the target price to $1.40
- Updated: October 9, 2016
Vertex Energy (NASDAQ:VTNR) had its price target upped to $1.40 by Roth Capital in a report released 10/05/2016. The updated stock price target implies a possible upside of 0.23% based on the company's last closing price.
Previously on 10/04/2016, Roth Capital reported on Vertex Energy (NASDAQ:VTNR) increased the target price from $0.00 to $1.40. At the time, this indicated a possible upside of 0.26%.
Yesterday Vertex Energy (NASDAQ:VTNR) traded 3.60% higher at $1.14. The company’s 50-day moving average is $1.21 and its 200-day moving average is $1.38. The last closing price is down -16.95% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 42,521 shares of VTNR traded, up from an avg. volume of 38,400
With a total market value of $0, Vertex Energy has with a one year low of $0.63 and a one year high of $2.79 .
More About Vertex Energy (NASDAQ:VTNR)
Vertex Energy, Inc. is an environmental services company that recycles industrial waste streams and off-specification commercial chemical products. The Company focuses on recycling used motor oil and other petroleum by-products. The Company's segments include the Black Oil, Refining and Marketing, and Recovery divisions. The Company's product categories include Used Motor Oil, Fuel Oil, pyrolysis gasoline (Pygas), Gasoline Blendstock and Base Oil. The Black Oil division is engaged in operations across the used motor oil recycling value chain, including collection, aggregation, transportation, storage, refinement and sales of aggregated feedstock and re-refined products to end users. The Refining and Marketing division is engaged in the aggregation of feedstock, re-refining it into end products, and selling these products to customers. The Recovery division is a provider of generator solutions for the recovery and management of hydrocarbon streams.
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