Vertex Resource Group (CVE:VTX) Trading Down 18.2% – What’s Next?

Vertex Resource Group Ltd. (CVE:VTX)’s stock price traded down 18.2% on Tuesday . The stock traded as low as C$0.18 and last traded at C$0.18. Approximately 204,614 shares changed hands during mid-day trading, an increase of 549% from the average daily volume of 31,523 shares. The stock had previously closed at C$0.22.

Vertex Resource Group Price Performance

The company has a market capitalization of C$20.16 million, a P/E ratio of -1.50 and a beta of -0.06. 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 firm’s 50-day moving average is C$0.21 and its 200-day moving average is C$0.23.

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.