ACT Energy Technologies (TSE:ACX) Trading 1.8% Higher – Here’s What Happened

Posted by Trevor Kearing on Jul 4th, 2026

ACT Energy Technologies Ltd. (TSE:ACX – Get Free Report)’s share price rose 1.8% during mid-day trading on Thursday . The stock traded as high as C$6.17 and last traded at C$6.06. Approximately 50,815 shares traded hands during mid-day trading, a decline of 46% from the average session volume of 94,432 shares. The stock had previously closed at C$5.95.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. ATB Cormark Capital Markets upped their price target on shares of ACT Energy Technologies from C$7.25 to C$8.00 and gave the company an “outperform” rating in a report on Tuesday, March 10th. Acumen Capital increased their target price on shares of ACT Energy Technologies from C$7.50 to C$9.00 and gave the stock a “buy” rating in a report on Tuesday, March 10th. Finally, Raymond James Financial boosted their price target on ACT Energy Technologies from C$9.50 to C$10.50 and gave the company an “outperform” rating in a report on Tuesday, March 10th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, ACT Energy Technologies has an average rating of “Buy” and a consensus target price of C$9.17.

View Our Latest Report on ACX

ACT Energy Technologies Stock Performance

The company’s 50-day moving average price is C$6.56 and its 200 day moving average price is C$6.26. The stock has a market capitalization of C$229.74 million, a PE ratio of 16.56 and a beta of 0.09.

ACT Energy Technologies (TSE:ACX – Get Free Report) last announced its quarterly earnings results on Wednesday, March 25th. The company reported C$0.08 earnings per share (EPS) for the quarter. The company had revenue of C$109.30 million for the quarter.

About ACT Energy Technologies

(Get Free Report)

ACT Energy Technologies Ltd., headquartered in Calgary, Alberta, operates in Canada under the brand ‘Altitude Energy Partners’, and in the United States under the brands ‘Altitude Energy Partners’, ‘Discovery Downhole Services’, ‘Rime Downhole Technologies’ and ‘Stryker Directional’. ACT’s common shares trade on the Toronto Stock Exchange under the symbol ‘ACX’. ACT provides high-performance directional drilling services and downhole technologies to North American energy companies, delivering tailored solutions that improve drilling efficiency and reduce project costs.