HC Wainwright started coverage on shares of Vertex Energy (NASDAQ:VTNR) in a research note published on Monday, AnalystRatings.com reports. The firm issued a buy rating on the industrial products company’s stock.
Separately, Zacks Investment Research restated a hold rating and issued a $1.25 price objective on shares of Vertex Energy in a research note on Saturday, October 26th.
Shares of Vertex Energy stock opened at $1.55 on Monday. The company’s fifty day simple moving average is $1.34 and its 200-day simple moving average is $1.32. The company has a market cap of $64.87 million, a price-to-earnings ratio of -6.74 and a beta of 1.80. The company has a current ratio of 0.96, a quick ratio of 0.74 and a debt-to-equity ratio of 2.10. Vertex Energy has a 1 year low of $0.94 and a 1 year high of $1.87.
Vertex Energy Company Profile
Vertex Energy, Inc engages in the recycle of industrial waste streams and off-specification commercial chemical products. It focuses on recycling used motor oil and other petroleum by-product streams. The company operates through the following business divisions: Black Oil, Refining & Marketing and Recovery.
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