Shares of Altex Industries (OTCMKTS:ALTX – Get Free Report) rose 35.2% on Wednesday. The stock traded as high as $0.2299 and last traded at $0.2299. Approximately 12,000 shares traded hands during mid-day trading, an increase of 3,402% from the average daily volume of 343 shares. The stock had previously closed at $0.17.
Altex Industries Stock Performance
The firm has a 50-day moving average of $0.18 and a 200 day moving average of $0.22. The company has a market cap of $2.57 million, a P/E ratio of -22.99 and a beta of 0.49.
Altex Industries Company Profile
Altex Industries, Inc is an independent oil and gas company focused on the acquisition, exploration, development and production of crude oil and natural gas properties. The company has historically operated in the Rocky Mountain region of the United States.
Its activities have included managing interests in producing oil and natural gas wells, as well as evaluating and developing additional exploration and production opportunities. Publicly available information about the company’s current operations and portfolio is limited.
Altex Industries was established in 1978 and has been based in Casper, Wyoming.
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