Altex Industries (OTCMKTS:ALTX) Shares Up 0.4% – Time to Buy?

Altex Industries (OTCMKTS:ALTX) traded up 0.4% on Friday . The company traded as high as $0.2975 and last traded at $0.27. 3,150 shares were traded during mid-day trading, a decline of 44% from the average session volume of 5,615 shares. The stock had previously closed at $0.2690.

Altex Industries Trading Up 0.4%

The stock has a market cap of $3.02 million, a P/E ratio of -13.50 and a beta of 0.31. The business has a 50-day simple moving average of $0.29 and a 200 day simple moving average of $0.32.

Altex Industries (OTCMKTS:ALTX) last announced its earnings results on Friday, November 28th. The company reported ($0.01) EPS for the quarter. Altex Industries had a negative net margin of 1,066.67% and a negative return on equity of 18.61%.

Altex Industries Company Profile

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.