Altex Industries (OTCMKTS:ALTX) Stock Price Up 30.4% – Should You Buy?

Altex Industries (OTCMKTS:ALTX)’s share price was up 30.4% during mid-day trading on Thursday . The company traded as high as $0.3240 and last traded at $0.30. Approximately 1,905 shares were traded during trading, a decline of 16% from the average daily volume of 2,256 shares. The stock had previously closed at $0.23.

Altex Industries Stock Up 30.4%

The company has a market cap of $3.36 million, a PE ratio of -30.00 and a beta of 0.22. The stock’s 50 day moving average is $0.24 and its 200-day moving average is $0.27.

About Altex Industries

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.