Vertex Resource Group (CVE:VTX) Shares Down 21.1% – Time to Sell?

Vertex Resource Group Ltd. (CVE:VTX)’s stock price dropped 21.1% on Tuesday . The company traded as low as C$0.14 and last traded at C$0.15. Approximately 243,000 shares were traded during trading, an increase of 685% from the average daily volume of 30,967 shares. The stock had previously closed at C$0.19.

Vertex Resource Group Price Performance

The company has a debt-to-equity ratio of 211.40, a quick ratio of 1.22 and a current ratio of 1.09. The stock’s fifty day moving average price is C$0.22 and its 200-day moving average price is C$0.24. The firm has a market cap of C$16.80 million, a PE ratio of -1.67 and a beta of 0.62.

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.