ALPEK (OTCMKTS:ALPKF) Stock Price Up 1.4% – Here’s Why

ALPEK, S.A.B. de C.V. (OTCMKTS:ALPKFGet Free Report)’s share price was up 1.4% on Monday . The company traded as high as $0.73 and last traded at $0.73. Approximately 505,000 shares traded hands during trading, an increase of 1,499% from the average daily volume of 31,573 shares. The stock had previously closed at $0.72.

ALPEK Price Performance

The company has a fifty day moving average price of $0.74 and a 200-day moving average price of $0.66.

About ALPEK

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ALPEK, SAB. de C.V. is a leading petrochemical company based in Mexico and a key player in the Americas. As a publicly traded subsidiary of Grupo Alfa, ALPEK specializes in the production of chemical intermediates and polymers for a wide range of industrial applications. The company’s integrated portfolio serves customers in sectors such as packaging, textiles, automotive, construction and consumer goods.

ALPEK’s core business activities are organized into two main segments: intermediates and plastics.

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