A statement released earlier today by Zacks Investment Research about Vertex Energy Inc (NASDAQ:VTNR) bumps the target price to $1.25
- Updated: September 24, 2016
Yesterday Vertex Energy Inc (NASDAQ:VTNR) traded -2.59% lower at $1.18. The company’s 50-day moving average is $1.27 and its 200-day moving average is $1.44. The last closing price is down -21.64% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 48,116 shares of the stock traded hands, up from an average trading volume of 36,673
In a report released on 9/22/2016 Zacks Investment Research increased the stock price target of Vertex Energy Inc (NASDAQ:VTNR) to $1.25 indicating a possible upside of 0.06%.
Previously on 7/22/2015, Imperial Capital reported on Vertex Energy Inc (NASDAQ:VTNR) reduced the target price from $3.00 to $2.00. At the time, this indicated a possible upside of 0.01%.
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Vertex Energy Inc has a 52 week low of $0.63 and a 52 week high of $2.80 The company’s market cap is currently $0.
General Information About 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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