Vertex Resource Group (CVE:VTX) Reaches New 1-Year Low at $0.27

Vertex Resource Group Ltd. (CVE:VTX) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.27 and last traded at C$0.27, with a volume of 11000 shares traded. The stock had previously closed at C$0.31.

Wall Street Analyst Weigh In

Separately, Acumen Capital dropped their price target on Vertex Resource Group from C$0.75 to C$0.65 in a research note on Friday, May 17th.

Vertex Resource Group Trading Down 14.5 %

The company has a current ratio of 1.07, a quick ratio of 1.22 and a debt-to-equity ratio of 210.85. The stock’s fifty day moving average price is C$0.31 and its two-hundred day moving average price is C$0.36. The stock has a market capitalization of C$29.69 million, a P/E ratio of 15.50 and a beta of 1.10.

Vertex Resource Group (CVE:VTX) last released its quarterly earnings data on Wednesday, May 15th. The company reported C($0.01) EPS for the quarter. The company had revenue of C$58.51 million during the quarter. Vertex Resource Group had a return on equity of 0.12% and a net margin of 0.03%. Equities research analysts forecast that Vertex Resource Group Ltd. will post 0.0300097 EPS for the current year.

About Vertex Resource Group

Vertex Resource Group Ltd. provides environmental and industrial services in Canada and the United States. It operates through two segments, Environmental Services and Environmental Consulting. The Environmental Consulting segment offers planning and regulatory approvals, site assessments and monitoring, geotechnical and civil engineering, wildlife management, reclamation, remediation, groundwater monitoring, drilling waste, gas migration, emissions testing and reporting, and well sub-surface engineering services; advisory services, including estimating, project controls, and facility engineering; land and regulatory services; emergency spill response services; abandonment, completion, and drilling engineering; and geographical information services, and mapping and drone services to various industries, including governments, industry, and commercial clients.