ALPEK (OTCMKTS:ALPKF) Stock Price Up 2.4% – Here’s Why

Shares of ALPEK, S.A.B. de C.V. (OTCMKTS:ALPKFGet Free Report) rose 2.4% during trading on Friday . The stock traded as high as $0.6931 and last traded at $0.6931. Approximately 3,500 shares were traded during mid-day trading, a decline of 39% from the average session volume of 5,744 shares. The stock had previously closed at $0.6768.

Analyst Ratings Changes

Separately, Scotiabank raised shares of ALPEK to an “outperform” rating in a research report on Monday, April 27th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, ALPEK presently has an average rating of “Buy”.

View Our Latest Research Report on ALPEK

ALPEK Stock Up 2.4%

The stock has a 50 day moving average of $0.67 and a 200-day moving average of $0.59.

About ALPEK

(Get Free Report)

ALPEK, SAB. de C.V. is a leading petrochemical company based in Mexico and a key player in the Americas. As a publicly traded subsidiary of Grupo Alfa, ALPEK specializes in the production of chemical intermediates and polymers for a wide range of industrial applications. The company’s integrated portfolio serves customers in sectors such as packaging, textiles, automotive, construction and consumer goods.

ALPEK’s core business activities are organized into two main segments: intermediates and plastics.

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