Vertex Resource Group (CVE:VTX) Shares Down 7.3% – Here’s What Happened

Vertex Resource Group Ltd. (CVE:VTX)’s share price dropped 7.3% on Friday . The company traded as low as C$0.26 and last traded at C$0.26. Approximately 37,733 shares traded hands during mid-day trading, a decline of 30% from the average daily volume of 54,055 shares. The stock had previously closed at C$0.28.

Vertex Resource Group Stock Performance

The stock has a market cap of C$28.57 million, a PE ratio of -25.50 and a beta of 1.09. The company has a debt-to-equity ratio of 211.40, a current ratio of 1.09 and a quick ratio of 1.22. The stock has a 50-day simple moving average of C$0.26 and a 200-day simple moving average of C$0.30.

Vertex Resource Group Company Profile

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.