Altex Industries (OTCMKTS:ALTX) Releases Earnings Results

Altex Industries (OTCMKTS:ALTX) issued its quarterly earnings results on Friday. The company reported ($0.01) EPS for the quarter, Zacks reports. Altex Industries had a negative return on equity of 6.59% and a net margin of 1,900.00%.

Altex Industries Price Performance

OTCMKTS:ALTX traded down $0.01 during trading hours on Friday, hitting $0.27. The company’s stock had a trading volume of 2,134 shares, compared to its average volume of 3,213. The stock has a fifty day simple moving average of $0.26 and a 200-day simple moving average of $0.25. The company has a market capitalization of $3.03 million, a P/E ratio of 6.75 and a beta of 0.10. Altex Industries has a twelve month low of $0.19 and a twelve month high of $0.30.

Altex Industries Company Profile

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.