Headlines about Vertex Energy (NASDAQ:VTNR) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Vertex Energy earned a coverage optimism score of 0.11 on Accern’s scale. Accern also assigned headlines about the industrial products company an impact score of 45.6562487503935 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
A number of brokerages recently weighed in on VTNR. ValuEngine raised shares of Vertex Energy from a “strong sell” rating to a “sell” rating in a research note on Thursday, September 28th. Roth Capital set a $1.00 target price on shares of Vertex Energy and gave the stock a “hold” rating in a research note on Wednesday, August 23rd. Finally, Zacks Investment Research raised shares of Vertex Energy from a “sell” rating to a “hold” rating in a research note on Wednesday, July 19th.
Vertex Energy (VTNR) traded down 1.33% during midday trading on Friday, reaching $0.75. 12,656 shares of the company’s stock were exchanged. Vertex Energy has a 12-month low of $0.65 and a 12-month high of $1.80. The firm has a 50-day moving average price of $0.80 and a 200 day moving average price of $0.97. The company’s market cap is $24.49 million.
Vertex Energy (NASDAQ:VTNR) last issued its quarterly earnings data on Tuesday, August 8th. The industrial products company reported ($0.08) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.04) by ($0.04). Vertex Energy had a negative return on equity of 23.10% and a negative net margin of 6.49%. The company had revenue of $36.91 million during the quarter, compared to the consensus estimate of $32.00 million. On average, analysts expect that Vertex Energy will post ($0.33) EPS for the current fiscal year.
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About Vertex Energy
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.
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