Is Vertex Energy Inc (NASDAQ: VTNR) The Best Stock To Invest In?

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. The stock was recently discussed on Yahoo Finance as it revealed that Vertex Energy Announces Fourth Quarter 2023 Earnings Release and Conference Call Date.

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Stocks Info

Vertex Energy Inc is listed on the NASDAQ in the Energy sector while operating in the Oil & Gas Refining & Marketing industry. At the end of the last regular session, the stock closed at $1.53 and fluctuated between $1.5500 as its day high and $1.4400 as its day low. The current market capitalization of Vertex Energy Inc is $143.07M. A total of 1.56 million shares were traded on the day, compared to an average of 0.46 shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, VTNR has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 15 BUYs and 10 SELLs from insiders. Insiders purchased 559,290 shares during that period but sold 437,295.

In the most recent transaction, Stratton Christopher Allen sold 100,000 shares of VTNR for 3.93 per share on Nov 10. After the transaction, the Director now owns 88,405 company shares. In a previous transaction on May 12, Rhame James Gary bought 4,000 shares at 6.33 per share. VTNR shares that Chief Operating Officer owns now total 14,648.

Among the insiders who sold shares, Cowart Benjamin P disposed of 66,666 shares on Apr 19 at a per-share price of $8.00. This resulted in the CEO and President holding 5,450,608 shares of VTNR after the transaction. In another insider transaction, Cowart Benjamin P sold 66,667 shares at $8.29 per share on Apr 11. Company shares held by the CEO and President now total 5,517,274.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for VTNR in the last 3 months, the mean price target is $4.63 with high estimates of $8.00 and low estimates of $1.75. In terms of 52-week highs and lows, VTNR has a high of $11.20 and a low of $1.32.

As of this writing, VTNR has an earnings estimate of $Vertex Energy, Inc per share for the current quarter. EPS was calculated based on a consensus of Ventas, Inc. estimates, with a high estimate of $Invesco Trust for Investment Gr per share and a lower estimate of $Vanguard Russell 3000 ETF.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. VTNR’s latest balance sheet shows that the firm has $36.13M in Cash & Short Term Investments as of fiscal 2021. There were $100.25M in debt and $25.78M in liabilities at the time. Its Book Value Per Share was $2.77, while its Total Shareholder’s Equity was $73.51M.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for VTNR is Buy with a score of 3.33.

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