Altex Industries (OTCMKTS:ALTX) Trading Up 10.4% – Here’s Why

Altex Industries (OTCMKTS:ALTXGet Free Report)’s stock price was up 10.4% on Wednesday . The company traded as high as $0.2440 and last traded at $0.2440. 500 shares traded hands during mid-day trading, a decline of 69% from the average session volume of 1,619 shares. The stock had previously closed at $0.2210.

Altex Industries Stock Performance

The company has a market cap of $2.73 million, a PE ratio of -24.40 and a beta of 0.36. The stock’s 50-day simple moving average is $0.24 and its 200 day simple moving average is $0.26.

Altex Industries Company Profile

(Get Free Report)

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.

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