Vertex Resource Group (CVE:VTX) Trading 5% Higher – Time to Buy?

Vertex Resource Group Ltd. (CVE:VTX)’s share price rose 5% on Wednesday . The company traded as high as C$0.21 and last traded at C$0.21. Approximately 51,000 shares changed hands during mid-day trading, an increase of 47% from the average daily volume of 34,720 shares. The stock had previously closed at C$0.20.

Vertex Resource Group Price Performance

The company has a current ratio of 1.09, a quick ratio of 1.22 and a debt-to-equity ratio of 211.40. The firm’s 50-day moving average price is C$0.19 and its 200-day moving average price is C$0.20. The stock has a market capitalization of C$23.53 million, a PE ratio of -1.75 and a beta of -0.94.

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.