Altex Industries (OTCMKTS:ALTX) Shares Down 11.7% – Should You Sell?

Altex Industries, Inc. (OTCMKTS:ALTXGet Free Report)’s stock price dropped 11.7% during trading on Tuesday . The stock traded as low as $0.24 and last traded at $0.24. Approximately 600 shares traded hands during mid-day trading, a decline of 84% from the average daily volume of 3,765 shares. The stock had previously closed at $0.27.

Altex Industries Trading Down 11.7 %

The firm has a 50 day moving average price of $0.26 and a 200 day moving average price of $0.26. The stock has a market capitalization of $2.71 million, a PE ratio of 8.04 and a beta of 0.09.

Altex Industries (OTCMKTS:ALTXGet Free Report) last posted its quarterly earnings data on Friday, January 31st. The company reported ($0.01) EPS for the quarter. Altex Industries had a negative return on equity of 13.30% and a net margin of 1,531.82%.

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.

Featured Stories

Receive News & Ratings for Altex Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Altex Industries and related companies with MarketBeat.com's FREE daily email newsletter.