Altex Industries (OTCMKTS:ALTX) Shares Up 19.1% – Should You Buy?

Shares of Altex Industries (OTCMKTS:ALTXGet Free Report) rose 19.1% during trading on Thursday . The company traded as high as $0.2740 and last traded at $0.2740. Approximately 9,500 shares traded hands during trading, an increase of 104% from the average daily volume of 4,648 shares. The stock had previously closed at $0.23.

Altex Industries Stock Up 19.1%

The company has a market cap of $3.07 million, a PE ratio of -27.40 and a beta of 0.43. The firm’s fifty 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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