Altex Industries (OTCMKTS:ALTX – Get Free Report)’s share price shot up 19.1% during mid-day trading on Thursday . The company traded as high as $0.2740 and last traded at $0.2740. 9,500 shares changed hands during trading, an increase of 104% from the average session volume of 4,648 shares. The stock had previously closed at $0.23.
Altex Industries Price Performance
The business’s 50 day moving average price is $0.24 and its 200-day moving average price is $0.26. The firm has a market capitalization of $3.07 million, a price-to-earnings ratio of -27.40 and a beta of 0.43.
About Altex Industries
Altex Industries, Inc is a provider of commercial refrigeration and heating, ventilation and air conditioning (HVAC) equipment, serving foodservice, retail and industrial customers. The company focuses on the design, distribution and support of reliable, energy-efficient refrigeration systems tailored to applications such as walk-in coolers, freezers, display cases and ice machines. Through its network of regional service centers, Altex delivers turnkey solutions that span initial system design, equipment installation and ongoing maintenance.
On the product side, Altex offers a comprehensive lineup of packaged refrigeration units, condensing racks and evaporator coils, along with related controls and accessories.
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