Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Vertex Energy Inc’s current trading price is -87.59% away from its 52-week high, while its distance from the 52-week low is 18.58%. The stock’s price range during this period has varied between $1.13 and $10.80. The company, active in the Energy sector, saw a trading volume of around 1.8 million for the day, considerably lower average daily volume of 2.95 million observed over the last three months.
Vertex Energy Inc had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $10.80 on 04/04/23, while the lowest price during the same period was $1.13 on 03/18/24.
How Financial Performance Impacts Market Capitalization
Vertex Energy Inc (VTNR) has experienced a quarterly decline of -63.19% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 125.30M and boasts a workforce of 481 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.5590, with a change in price of -3.0500. Similarly, Vertex Energy Inc recorded 2,929,996 in trading volume during the last 100 days, posting a change of -69.48%.
How VTNR’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for VTNR stands at 2.50. Similarly, the long-term debt-to-equity ratio is also 1.59.
VTNR Stock Stochastic Average
As of today, the raw stochastic average of Vertex Energy Inc over the last 50 days is at 17.95%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 34.43%. Further, the company’s Stochastic %K and %D values for the last 20 days were 18.56% and 13.25%, respectively.
VTNR Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -60.47%. However, over the past six months, we’ve seen a stronger performance of -73.47%. The price of VTNR leaped by -16.77% over the last 30 days. And in the last five days, it has surged by 13.56%.
