A statement released earlier today by Roth Capital about Vertex Energy Inc (NASDAQ:VTNR) raises the target price to $1.40
- Updated: October 4, 2016
Yesterday Vertex Energy Inc (NASDAQ:VTNR) traded 2.69% higher at $1.11. The company’s 50-day moving average is $1.23 and its 200-day moving average is $1.39. The last stock close price is down -18.28% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 4,862 shares of VTNR traded hands, down from an average trading volume of 37,500
Vertex Energy Inc (NASDAQ:VTNR) had its target price raised to $1.40 by Roth Capital in a report released 10/04/2016. The new target price indicates a possible upside of 0.26% based on the company's last stock close price.
Previously on Thursday September 22, 2016, Zacks Investment Research reported about Vertex Energy Inc (NASDAQ:VTNR) raised the target price from $0.00 to $1.25. At the time, this indicated a possible upside of 0.06%.
Recent Performance Chart
Vertex Energy Inc has 52 week low of $0.63 and a 52 week high of $2.80 and has a market capitalization of $0.
Brief Synopsis On Vertex Energy Inc (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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