Aemetis Inc. (NASDAQ: AMTX)Vertex Energy Inc.
A few days before the U.S. Presidential Election, shares of Vertex hit new 52-week lows of $0.40. Since then, VTNR stock has held a strong uptrend that has now reached highs of $1.45 this month. Whatâs more, VTNR stock pullback from those highs last week but managed to rebound and close Fridayâs session at $1.28
Vertex focuses on high-quality hydrocarbon products. This includes things like processing used motor oil. Specifically, the company supplies Group II+ and Group III base oils to the lubricant manufacturing industry.
While there havenât been many headlines from the company, industry momentum has helped. What has also become a point of speculation is Vertexâs last earnings report. The company beat EPS estimates by 50% & despite missing sales estimates, Q3 was a growth quarter for the company. In particular, Vertex realized 36% quarter-over-quarter organic growth in direct-used motor oil collections, supported
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