Altex Industries Stock Today
| ALTX Stock | USD 0.30 0.06 25.00% |
Performance11 of 100
| Odds Of DistressLess than 15
|
Altex Industries is trading at 0.3 as of the 17th of December 2024; that is 25.00 percent increase since the beginning of the trading day. The stock's open price was 0.24. Altex Industries has less than a 15 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. The performance scores are derived for the period starting the 18th of September 2024 and ending today, the 17th of December 2024. Click here to learn more.
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. Altex Industries operates under Oil Gas EP classification in the United States and is traded on OTC Exchange.. The company has 11.52 M outstanding shares. More on Altex Industries
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Altex Pink Sheet Highlights
| Chairman and CEO | Steven Cardin |
| Business Concentration | Energy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors) |
Altex Industries [ALTX] is a Pink Sheet which is traded between brokers over the counter. The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.4 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Altex Industries's market, we take the total number of its shares issued and multiply it by Altex Industries's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Altex Industries conducts business under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 11.52 M outstanding shares.
Altex Industries currently holds about 2.39 M in cash with (129 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.2.
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Ownership AllocationAltex Industries shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 62.8 percent of Altex Industries outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event.
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Altex Industries Risk Profiles
| Mean Deviation | 2.32 | |||
| Standard Deviation | 6.05 | |||
| Variance | 36.61 | |||
| Risk Adjusted Performance | 0.0418 |
Altex Stock Against Markets
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When running Altex Industries' price analysis, check to measure Altex Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Altex Industries is operating at the current time. Most of Altex Industries' value examination focuses on studying past and present price action to predict the probability of Altex Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altex Industries' price. Additionally, you may evaluate how the addition of Altex Industries to your portfolios can decrease your overall portfolio volatility.