Altex Industries (OTCMKTS:ALTX) Posts Quarterly Earnings Results

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

Altex Industries Stock Performance

Shares of Altex Industries stock traded down $0.01 on Friday, reaching $0.27. 2,134 shares of the stock were exchanged, compared to its average volume of 3,213. The firm’s 50 day moving average is $0.26 and its 200-day moving average is $0.25. The firm has a market cap of $3.03 million, a PE ratio of 6.75 and a beta of 0.10. Altex Industries has a one year low of $0.19 and a one year high of $0.30.

About Altex Industries

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.