Zacks Investment Research announced Vertex Energy Inc (NASDAQ:VTNR), boosting its stock price target to $1.50 today
- Updated: January 11, 2017
In a report released on 1/11/2017 Zacks Investment Research increased the stock price target of Vertex Energy Inc (NASDAQ:VTNR) to $1.50 indicating a possible upside of 0.15%.
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%.
Yesterday Vertex Energy Inc (NASDAQ:VTNR) traded 6.40% higher at $1.30. The company’s 50-day moving average is $1.21 and its 200-day moving average is $1.20. The last closing price is up 10.82% from the 200-day moving average, compared to the S&P 500 which has decreased -0.04% over the same time period. 53,333 shares of the stock traded hands, down from an average trading volume of 81,830
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Vertex Energy Inc has a 52 week low of $0.63 and a 52 week high of $2.21 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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