Vertex Energy Inc (NASDAQ:VTNR) traded at a new 52-week high today of $5.20. So far today approximately 20 million shares have been exchanged, as compared to an average 30-day volume of 1.5 million shares.
Vertex Energy Inc (NASDAQ:VTNR) is currently priced 35.9% above its average consensus analyst price target of $2.55.
In the past 52 weeks, shares of Vertex Energy Inc have traded between a low of $0.40 and a high of $5.20 and is now at $3.98, which is 895% above that low price.
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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