Vertex Resource Group (CVE:VTX) Trading Down 21.1% – What’s Next?

Vertex Resource Group Ltd. (CVE:VTX) shares fell 21.1% on Monday . The company traded as low as C$0.14 and last traded at C$0.15. 243,000 shares traded hands during trading, an increase of 685% from the average session volume of 30,967 shares. The stock had previously closed at C$0.19.

Vertex Resource Group Stock Performance

The stock has a market capitalization of C$19.04 million, a price-to-earnings ratio of -1.89 and a beta of 0.62. The company’s 50-day simple moving average is C$0.22 and its 200-day simple moving average is C$0.24. The company has a current ratio of 1.09, a quick ratio of 1.22 and a debt-to-equity ratio of 211.40.

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.