ALPEK (OTCMKTS:ALPKF) Trading Up 1.4% – Here’s Why

Shares of ALPEK, S.A.B. de C.V. (OTCMKTS:ALPKFGet Free Report) were up 1.4% on Monday . The stock traded as high as $0.73 and last traded at $0.73. Approximately 505,000 shares traded hands during mid-day trading, an increase of 1,499% from the average session volume of 31,573 shares. The stock had previously closed at $0.72.

ALPEK Trading Up 1.4%

The business’s fifty day simple moving average is $0.74 and its 200-day simple moving average is $0.66.

ALPEK Company Profile

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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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