Alert: Rating Downgrade (12/15/23)-Vertex Energy Inc (NASDAQ: VTNR).


Stock Rating Downgrade

In the last week the Value Trend Rating for Vertex Energy Inc (NASDAQ: VTNR) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.


Recent Price Action

Vertex Energy Inc (NASDAQ: VTNR) stock closed at $3.43 on 12/15/23 after a large decline of -5.5%. Moreover, this decline was accompanied by exceptionally high trading volume at 572% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 8.2% during the last week.

Current PriceTarget Research Rating

VTNR is expected to be a modest Value Eraser reflecting capital returns that are forecasted to fall short of the cost of capital.

Vertex Energy has a current Value Trend Rating of D (Negative). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Vertex Energy has a neutral Appreciation Score of 46 and a neutral Power Rating of 40, resulting in the Negative Value Trend Rating.

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