Altex Industries (OTCMKTS:ALTX) Posts Earnings Results

Altex Industries (OTCMKTS:ALTX) posted its quarterly earnings data on Friday. The company reported ($0.01) earnings per share (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 Trading Down 5.1 %

Shares of ALTX stock traded down $0.01 during trading on Friday, reaching $0.27. 2,134 shares of the company’s stock traded hands, compared to its average volume of 3,213. 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 1 year low of $0.19 and a 1 year high of $0.30. The firm’s 50-day moving average is $0.26 and its 200 day moving average is $0.25.

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.