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

Vertex Resource Group Ltd. (CVE:VTX) was down 18.2% during trading 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 Trading Down 18.2%

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 company’s 50 day moving average is C$0.21 and its 200 day moving average is C$0.23. The stock has a market capitalization of C$20.16 million, a price-to-earnings ratio of -1.50 and a beta of -0.06.

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.