Were Analysts Bullish Vertex Energy, Inc. (NASDAQ:VTNR) This Week?

December 20, 2017 - By Nellie Frank

 Were Analysts Bullish Vertex Energy, Inc. (NASDAQ:VTNR) This Week?

Vertex Energy, Inc. (NASDAQ:VTNR) Ratings Coverage

Among 3 analysts covering Vertex Energy (NASDAQ:VTNR), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Vertex Energy had 4 analyst reports since July 22, 2015 according to SRatingsIntel. Imperial Capital downgraded the shares of VTNR in report on Wednesday, July 22 to “In-Line” rating. The stock has “Neutral” rating by Roth Capital on Wednesday, October 5. The firm earned “Hold” rating on Wednesday, August 23 by Roth Capital. The firm earned “Buy” rating on Friday, May 20 by Craig Hallum. Below is a list of Vertex Energy, Inc. (NASDAQ:VTNR) latest ratings and price target changes.

23/08/2017 Broker: Roth Capital Rating: Hold New Target: $1.4 Maintain

The stock increased 1.17% or $0.0102 during the last trading session, reaching $0.8801. About 79,476 shares traded or 37.00% up from the average. Vertex Energy, Inc. (NASDAQ:VTNR) has declined 29.58% since December 20, 2016 and is downtrending. It has underperformed by 46.28% the S&P500.

Vertex Energy, Inc., an environmental services company, provides a range of services designed to aggregate, process, and recycle industrial and commercial waste systems in 13 states, primarily in the Gulf Coast and Central Midwest Region of the United States. The company has market cap of $28.74 million. It operates in three divisions: Black Oil, Refining and Marketing, and Recovery. It currently has negative earnings. The Black Oil division collects and purchases used motor oil directly from third-party generators; aggregates used motor oil from a network of local and regional collectors; and sells used motor oil to clients for use as a feedstock or replacement fuel for industrial burners.

More notable recent Vertex Energy, Inc. (NASDAQ:VTNR) news were published by: Seekingalpha.com which released: “Vertex Energy: Expansion + Exclusivity” on June 12, 2017, also Seekingalpha.com with their article: “Vertex Energy’s (VTNR) CEO Ben Cowart on Q2 2017 Results – Earnings Call …” published on August 11, 2017, Bizjournals.com published: “Houston refiner CEO: ‘We’re slowly moving back forward'” on June 30, 2017. More interesting news about Vertex Energy, Inc. (NASDAQ:VTNR) were released by: Seekingalpha.com and their article: “Vertex Energy’s (VTNR) CEO Benjamin Cowart on Q3 2017 Results – Earnings Call …” published on November 07, 2017 as well as Seekingalpha.com‘s news article titled: “Vertex Energy: Re-Refining Its Share Price” with publication date: January 09, 2017.

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