Vertex Resource Group (CVE:VTX) Stock Price Down 18.2% – Here’s Why

Vertex Resource Group Ltd. (CVE:VTX) shares dropped 18.2% on Wednesday . The stock traded as low as C$0.18 and last traded at C$0.18. Approximately 204,614 shares were traded during 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 Trading Down 18.2%

The firm’s fifty day simple moving average is C$0.21 and its 200 day simple moving average is C$0.23. The stock 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 quick ratio of 1.22 and a current ratio of 1.09.

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.