ALPEK (OTCMKTS:ALPKF – Get Free Report) will likely be issuing its resultson Wednesday, July 22nd. Analysts expect the company to post earnings of $0.0425 per share and revenue of $2.1541 billion for the quarter.
ALPEK Price Performance
ALPEK stock opened at $0.77 on Tuesday. The stock’s 50 day moving average is $0.70 and its 200 day moving average is $0.61. ALPEK has a one year low of $0.45 and a one year high of $0.77.
Analysts Set New Price Targets
Separately, Scotiabank upgraded shares of ALPEK to an “outperform” rating in a report on Monday, April 27th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, ALPEK presently has an average rating of “Buy”.
ALPEK Company Profile
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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