Alfa (OTCMKTS:ALFFF) Trading Up 10.3% – Still a Buy?

Alfa S.A.B. de C.V. (OTCMKTS:ALFFFGet Free Report)’s share price was up 10.3% on Monday . The stock traded as high as $0.9650 and last traded at $0.9650. Approximately 10,000 shares were traded during mid-day trading, an increase of 30% from the average daily volume of 7,707 shares. The stock had previously closed at $0.8750.

Alfa Trading Up 10.3%

The business has a fifty day moving average price of $0.82 and a 200-day moving average price of $0.79.

Alfa Company Profile

(Get Free Report)

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).

Further Reading

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