ALTX (Altex Industries) Float Percentage Of Total Shares Outstanding: 35.33% (As of Aug. 02, 2026)

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ALTX Altex Industries Inc ALTX
21 GF Score
Price $0.20
GF Value $0.10
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Altex Industries Float Percentage Of Total Shares Outstanding?

Altex Industries ALTX 21 Float Percentage Of Total Shares Outstanding is 35.33% as of Aug. 02, 2026. GuruFocus rates ALTX with a GF Score™ of 21/100 and a GF Value™ of $0.10 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Float percentage of total shares outstanding is the percentage of float shares relative to the total shares outstanding. As of today, Altex Industries's float shares is 3.95 Mil. Altex Industries's total shares outstanding is 11.19 Mil. Altex Industries's float percentage of total shares outstanding is 35.33%.

Insider Ownership is the percentage of shares that are owned by company insiders relative to the total shares outstanding. As of today, Altex Industries's Insider Ownership is 51.77%.

Institutional Ownership is the percentage of shares that are owned by institutions out of the total shares outstanding. As of today, Altex Industries's Institutional Ownership is 0.00%.

ALTX
21GF Score
Altex Industries Inc ALTX
Float Percentage Of Total Shares Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
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Altex Industries Float Percentage Of Total Shares Outstanding Calculation

It is the percentage of float shares out of the total shares outstanding.

Altex Industries's Float Percentage of Total Shares Outstanding for today is calculated as follows:

Float Percentage of Total Shares Outstanding=Float Shares/Total Shares Outstanding
=3.95/11.19
=35.33%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Float Percentage Of Total Shares Outstanding of 35.33% mean?
Altex Industries (ALTX) has a Float Percentage Of Total Shares Outstanding of 35.33% as of Aug. 02, 2026. Float percent of shares outstanding equals the percent of float shares relative to total shares. View historical data on Altex Industries and its competitors.
Is Altex Industries' Float Percentage Of Total Shares Outstanding too high?
Altex Industries' current Float Percentage Of Total Shares Outstanding is 35.33%. Overall, Altex Industries has a GF Score™ of 21/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Altex Industries' Float Percentage Of Total Shares Outstanding compare to CRCE and FECOF?
Altex Industries' Float Percentage Of Total Shares Outstanding of 35.33% can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Float Percentage Of Total Shares Outstanding for an Oil & Gas company?
A good Float Percentage Of Total Shares Outstanding depends on the Oil & Gas industry context. However, Float Percentage Of Total Shares Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Float Percentage Of Total Shares Outstanding mean?
A high Float Percentage Of Total Shares Outstanding can signal that a stock is expensive relative to its fundamentals. Float percent of shares outstanding equals the percent of float shares relative to total shares. View historical data on Altex Industries and its competitors. Altex Industries's current Float Percentage Of Total Shares Outstanding is 35.33%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altex Industries stock overvalued right now?
Based on GuruFocus' analysis, Altex Industries (ALTX) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.10, compared to a current price of $0.20 — trading 100% above its estimated fair value. The current Float Percentage Of Total Shares Outstanding is 35.33%. Altex Industries' overall GF Score™ is 21/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Float Percentage Of Total Shares Outstanding calculated?
Float Percentage Of Total Shares Outstanding is calculated from a company's financial statements. For Altex Industries (ALTX), the current Float Percentage Of Total Shares Outstanding is 35.33% as of Aug. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Altex Industries (ALTX) Overvalued in 2026?

Based on GuruFocus' analysis, Altex Industries stock appears to be overvalued. The current stock price of $0.20 is trading 100% above its estimated GF Value™ of $0.10. GuruFocus considers Altex Industries to be Significantly Overvalued.

Key valuation signals for ALTX:

  • Float Percentage Of Total Shares Outstanding: 35.33%
  • GF Value™: $0.10 vs. price of $0.20 (100% above fair value)
  • GF Score™: 21/100 with 4 warning signs

No single metric tells the full story. See the ALTX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Altex Industries Business Description

Industry EnergyOil & Gas
Address 700 Colorado Boulevard, Suite 273, Denver, CO, USA, 80206-4084
Altex Industries Inc. is a USA-based holding company. Through its wholly-owned subsidiary, it owns interests in productive onshore oil and gas properties, has bought and sold producing oil and gas properties, and has participated in the drilling of exploratory and development wells, and the completion of existing wells in Utah and Wyoming. The Company's revenue is from sales of oil and gas production, interest income, and, occasionally, bonus payments for mineral leases.
21GF Score

Get the complete analysis for ALTX

Float Percentage Of Total Shares Outstanding is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.20
Price
$0.10
GF Value