Stock Rating Downgrade
In the last week the Value Trend Rating for Vertex Energy Inc (NASDAQ: VTNR) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
On 5/28/21, Vertex Energy Inc (NASDAQ: VTNR) stock enjoyed a major increase of 95.7%, closing at $7.81. Moreover, this advance was accompanied by exceptionally high trading volume at 2116% of normal. The stock has risen 326.8% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, VTNR is expected to be a major Value Builder.
Vertex Energy has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Vertex Energy has a very low Appreciation Score of 13 but a very high Power Rating of 90, producing the Neutral Value Trend Rating.