Vertex Resource Group (CVE:VTX) Trading Down 7.3% – Time to Sell?

Vertex Resource Group Ltd. (CVE:VTX) was down 7.3% on Friday . The stock traded as low as C$0.26 and last traded at C$0.26. Approximately 37,733 shares were traded 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 Trading Down 7.3 %

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