Ampol (OTCMKTS:CTXAF) Shares Up 98.6% – Still a Buy?

Ampol Limited (OTCMKTS:CTXAFGet Free Report)’s stock price shot up 98.6% on Tuesday . The company traded as high as $28.7168 and last traded at $28.7168. 189 shares traded hands during mid-day trading, a decline of 98% from the average session volume of 9,933 shares. The stock had previously closed at $14.46.

Ampol Stock Performance

The business’s 50-day simple moving average is $16.55 and its 200 day simple moving average is $16.39.

Ampol Company Profile

(Get Free Report)

Ampol Limited (OTCMKTS:CTXAF) is an Australian-based energy company engaged in the refining, marketing and distribution of petroleum products. The company operates two major refineries in New South Wales and Queensland, supported by an extensive network of terminals and storage facilities. Ampol’s integrated supply chain spans crude oil procurement, fuel logistics and retail operations, ensuring consistent delivery of petrol, diesel and liquefied petroleum gas (LPG) across its markets.

Tracing its origins to the Caltex Australia business established in the mid-20th century, Ampol adopted its current name in 2020 to mark a renewed focus on local energy solutions.

Further Reading

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