Somewhat Favorable Press Coverage Very Likely to Impact Vertex Energy (VTNR) Share Price
Headlines about Vertex Energy (NASDAQ:VTNR) have been trending somewhat positive this week, Alpha One Sentiment Analysis reports. The research group, a service of Accern, identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real time. Alpha One 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 0.08 on Alpha One’s scale. Alpha One also assigned headlines about the industrial products company an impact score of 89 out of 100, meaning that recent news coverage is very likely to have an impact on the stock’s share price in the immediate future.
Shares of Vertex Energy (NASDAQ:VTNR) traded down 1.98% during trading on Friday, reaching $0.99. 58,344 shares of the company were exchanged. The stock’s market capitalization is $32.93 million. The stock has a 50-day moving average price of $1.11 and a 200-day moving average price of $1.20. Vertex Energy has a one year low of $0.90 and a one year high of $1.80.
A number of equities analysts recently weighed in on the stock. 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 Saturday, March 11th. Zacks Investment Research raised shares of Vertex Energy from a “hold” rating to a “buy” rating and set a $1.50 target price for the company in a research note on Wednesday, January 11th.
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Vertex Energy Company Profile
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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