Beacon Securities Analysts Cut Earnings Estimates for Vertex Resource Group Ltd (VTX)

Vertex Resource Group Ltd (CVE:VTX) – Stock analysts at Beacon Securities lowered their FY2019 earnings per share (EPS) estimates for Vertex Resource Group in a research note issued to investors on Tuesday, March 26th, according to Zacks Investment Research. Beacon Securities analyst K. Wilson now anticipates that the company will post earnings per share of $0.00 for the year, down from their previous estimate of $0.07.

Shares of CVE:VTX remained flat at $C$0.37 during trading on Friday. Vertex Resource Group has a 12 month low of C$0.27 and a 12 month high of C$0.80. The company has a current ratio of 1.60, a quick ratio of 1.40 and a debt-to-equity ratio of 133.35. The stock has a market capitalization of $34.56 million and a price-to-earnings ratio of 14.23.

Vertex Resource Group Company Profile

Vertex Resource Group Ltd. provides environmental and industrial services in Canada and the United States. It operates through two segments, Environmental Services and Industrial Services. The company offers environmental consulting; land and regulatory; emergency spill response; vacuum, hydro-vac, and pressure and steam truck; industrial chemical cleaning and high pressure water blasting; abandonment, completion, and drilling engineering; and geographical information, mapping, and drone services.

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