Is This Stock a Screaming Buy: Vertex Energy, Inc. (NASDAQ:VTNR)

Equity Research firms currently have a positive stance on shares of Vertex Energy, Inc. (NASDAQ:VTNR). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.50. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $2.50 on a short term basis.

At the time of writing, the stock was trading at $1.14. This represents a change from the opening price of 3.64%. In terms of performance, year to date, the stock is 0.91%. The monthly stock performance comes in at -11.20%. For the quarter, shares are performing at -20.14%. Weekly performance analysis shows the equity at -3.48%.

In taking a look at technical levels, shares are trading -8.23% away from the 50 day simple moving average and -17.94% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -59.28% away from it’s 52- week high and 80.95% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Vertex Energy, Inc.’s RSI stands at 44.58. In looking at volatility levels, the shares saw weekly volatility of 3.79% and 5.70% over the past month.

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