Equities researchers at HC Wainwright initiated coverage on shares of Vertex Energy (NASDAQ:VTNR) in a research report issued on Monday, The Fly reports. The brokerage set a “buy” rating on the industrial products company’s stock.
Separately, Zacks Investment Research restated a “hold” rating and set a $1.25 price target on shares of Vertex Energy in a research report on Saturday, October 26th.
Shares of NASDAQ VTNR opened at $1.57 on Monday. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.96 and a quick ratio of 0.74. Vertex Energy has a 52-week low of $0.94 and a 52-week high of $1.87. The business’s 50 day moving average is $1.30 and its two-hundred day moving average is $1.32.
About Vertex Energy
Vertex Energy, Inc engages in the recycle of industrial waste streams and off-specification commercial chemical products. It focuses on recycling used motor oil and other petroleum by-product streams. The company operates through the following business divisions: Black Oil, Refining & Marketing and Recovery.
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