Shares of Alfa S.A.B. de C.V. (OTCMKTS:ALFFF – Get Free Report) traded up 21.4% during mid-day trading on Wednesday . The company traded as high as $1.02 and last traded at $1.02. 600 shares changed hands during trading, a decline of 84% from the average session volume of 3,700 shares. The stock had previously closed at $0.84.
Alfa Stock Up 21.4%
The stock has a fifty day moving average price of $0.91 and a 200 day moving average price of $0.82.
About Alfa
Alfa SAB. de C.V., trading on the OTC Market under the ticker ALFFF, is a diversified Mexican industrial conglomerate headquartered in Monterrey, Mexico. Founded in 1974 by the Garza family, the company has evolved into one of Mexico’s largest industrial players through strategic acquisitions and spin-offs.
Alfa’s core operations are organized into four principal business units. Alpek, its petrochemical subsidiary, produces polymers and intermediate chemicals such as polyethylene terephthalate (PET) and polypropylene (PP).
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