Shares of Vertex Energy Inc (NASDAQ:VTNR) traded at a new 52-week high today of $13.80. This new high was reached on approximately average trading volume as 31 million shares traded hands, while the average 30-day volume is approximately 26.1 million shares.
Vertex Energy Inc share prices have moved between a 52-week high of $13.80 and a 52-week low of $0.40 and are now trading 3,163% above that low price at $13.07 per share.
Vertex Energy Inc (NASDAQ:VTNR) is currently priced 16.6% above its average consensus analyst price target of $10.90.
Vertex Energy Inc is an environmental services company that recycles industrial waste streams and off-specification commercial chemical products. Its operating segments are Black Oil, Refining and Marketing, and Recovery. In Black Oil division, it aggregates and sells used motor oil. The company collects used oil from businesses such as oil change service stations, automotive repair shops, petroleum refineries, and petrochemical manufacturing operations. Through its Refining and Marketing division, the company aggregates used motor oil, petroleum distillates, transmix and other off-specification chemical products. Through its Recovery division, the company generates solutions for the proper recovery and management of hydrocarbon streams. It derives key revenue from the Black Oil segment.
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