Vertex Resource Group (CVE:VTX) Stock Price Down 18.2% – Time to Sell?

Shares of Vertex Resource Group Ltd. (CVE:VTX) traded down 18.2% during mid-day trading on Wednesday . The stock traded as low as C$0.18 and last traded at C$0.18. 204,614 shares were traded during trading, an increase of 549% from the average session volume of 31,523 shares. The stock had previously closed at C$0.22.

Vertex Resource Group Price Performance

The company has a market cap of C$20.16 million, a price-to-earnings ratio of -1.50 and a beta of -0.06. The company has a fifty day simple moving average of C$0.21 and a two-hundred day simple moving average of C$0.23. The company has a quick ratio of 1.22, a current ratio of 1.09 and a debt-to-equity ratio of 211.40.

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.