Vertex, Inc. (VERX)

Vertex, Inc. is trading at $13.63, up 6.22% on the session. The 50 day average sits at $12.29 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 52.4, which reads as neutral, and MACD is bullish crossover. Volume is below average.

The nearest support is around $12.68 with resistance near $13.31, so that band frames the current range. Average daily movement is roughly $0.79, or about 5.8% of the share price, which is what any stop placement has to allow for. The overall health score of 58 out of 100 combines a trend score of 68, momentum of 63 and a risk score of 36.

Vertex, Inc., together with its subsidiaries, provides enterprise tax technology solutions for retail trade, wholesale trade, and manufacturing industries in the United States and internationally. The company offers transaction determination; compliance and reporting, including workflow management tools; tax data management and document management solutions; analytics and insights; pre-built integration that includes mapping data fields, and business logic and configurations; industry-specific solutions support certain industries for indirect tax needs, such as retail, communications, and leasing; and technology specific solutions, such as chain flow accelerator and SAP-specific tools. It provides implementation services, such as configuration, data migration and implementation, and support and training; E-invoicing, an end-to-end e-invoicing process; and managed services, including indirect tax return preparation, filing and tax payment, and notice management. The company sells its software products through software licenses and software as a service subscription. Vertex, Inc. has a strategic collaboration with xSuite Group GmbH to support SAP customers. The company was founded in 1978 and is headquartered in King of Prussia, Pennsylvania.