Altex Industries (OTCMKTS:ALTX) Stock Price Up 20% – Still a Buy?

Altex Industries, Inc. (OTCMKTS:ALTXGet Free Report) shares traded up 20% during mid-day trading on Tuesday . The stock traded as high as $0.29 and last traded at $0.29. 2,000 shares traded hands during mid-day trading, a decline of 56% from the average session volume of 4,500 shares. The stock had previously closed at $0.24.

Altex Industries Stock Up 20.0 %

The stock has a market capitalization of $3.23 million, a price-to-earnings ratio of 7.20 and a beta of 0.10. The company has a 50 day simple moving average of $0.25 and a 200-day simple moving average of $0.25.

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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