Altex Industries (OTCMKTS:ALTX) Trading 25% Higher – Still a Buy?

Altex Industries, Inc. (OTCMKTS:ALTXGet Free Report)’s share price was up 25% during trading on Monday . The company traded as high as $0.30 and last traded at $0.30. Approximately 1,017 shares were traded during trading, a decline of 81% from the average daily volume of 5,388 shares. The stock had previously closed at $0.24.

Altex Industries Stock Performance

The company has a 50-day simple moving average of $0.26 and a 200-day simple moving average of $0.24. The company has a market cap of $3.37 million, a price-to-earnings ratio of 7.50 and a beta of 0.12.

Altex Industries Company Profile

(Get Free Report)

Altex Industries, Inc, through its subsidiary, Altex Oil Corporation, owns interests in productive onshore oil and gas properties located in Utah and Wyoming. The company was incorporated in 1985 and is based in Denver, Colorado.

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