ACT Energy Technologies (TSE:ACX) Posts Quarterly Earnings Results

ACT Energy Technologies (TSE:ACX) issued its earnings results on Friday. The company reported C$0.36 earnings per share for the quarter, FiscalAI reports. The firm had revenue of C$219.03 million for the quarter.

ACT Energy Technologies Price Performance

Shares of ACX stock opened at C$7.09 on Friday. The stock has a market cap of C$273.92 million, a P/E ratio of 10.13 and a beta of 0.14. The company has a fifty day moving average price of C$8.05 and a two-hundred day moving average price of C$6.86. ACT Energy Technologies has a one year low of C$4.74 and a one year high of C$9.47.

ACT Energy Technologies Company Profile

ACT Energy Technologies Ltd., headquartered in Calgary, Alberta, operates in Canada under the brand ‘Altitude Energy Partners’, and in the United States under the brands ‘Altitude Energy Partners’, ‘Discovery Downhole Services’, ‘Rime Downhole Technologies’ and ‘Stryker Directional’. ACT’s common shares trade on the Toronto Stock Exchange under the symbol ‘ACX’. ACT provides high-performance directional drilling services and downhole technologies to North American energy companies, delivering tailored solutions that improve drilling efficiency and reduce project costs.