ACT Energy Technologies (TSE:ACX) Stock Price Down 1.7% – What’s Next?

Posted by ABMN Staff on Jun 10th, 2026

ACT Energy Technologies Ltd. (TSE:ACX – Get Free Report)’s stock price traded down 1.7% during trading on Tuesday . The stock traded as low as C$6.56 and last traded at C$6.77. 101,938 shares changed hands during trading, an increase of 3% from the average session volume of 99,191 shares. The stock had previously closed at C$6.89.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Acumen Capital lifted their target price on shares of ACT Energy Technologies from C$7.50 to C$9.00 and gave the stock a “buy” rating in a research report on Tuesday, March 10th. Raymond James Financial lifted their target price on shares of ACT Energy Technologies from C$9.50 to C$10.50 and gave the stock an “outperform” rating in a research report on Tuesday, March 10th. Finally, ATB Cormark Capital Markets lifted their target price on shares of ACT Energy Technologies from C$7.25 to C$8.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 10th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of C$9.17.

Get Our Latest Research Report on ACT Energy Technologies

ACT Energy Technologies Stock Performance

The stock has a market capitalization of C$226.53 million, a price-to-earnings ratio of 9.40 and a beta of 0.09. The company has a fifty day simple moving average of C$6.69 and a 200 day simple moving average of C$6.16.

ACT Energy Technologies (TSE:ACX – Get Free Report) last issued its quarterly earnings results on Wednesday, March 25th. The company reported C$0.08 earnings per share (EPS) for the quarter. The firm had revenue of C$109.30 million during the quarter.

ACT Energy Technologies Company Profile

(Get Free Report)

ACT Energy Technologies Ltd., headquartered in Calgary, Alberta, operates in Canada under the brand ‘Altitude Energy Partners’, and in the United States under the brands ‘Altitude Energy Partners’, ‘Discovery Downhole Services’, ‘Rime Downhole Technologies’ and ‘Stryker Directional’. ACT’s common shares trade on the Toronto Stock Exchange under the symbol ‘ACX’. ACT provides high-performance directional drilling services and downhole technologies to North American energy companies, delivering tailored solutions that improve drilling efficiency and reduce project costs.