Alfa S.A.B. de C.V. (OTCMKTS:ALFFF – Get Free Report) shares fell 8.6% on Friday . The stock traded as low as $0.85 and last traded at $0.85. 100 shares traded hands during mid-day trading, a decline of 100% from the average session volume of 66,075 shares. The stock had previously closed at $0.93.
Alfa Price Performance
The company’s 50 day moving average is $0.99 and its 200 day moving average is $0.93.
Alfa Company Profile
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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