ACT Energy Technologies (TSE:ACX) Trading Down 1.7% – Here’s Why

Posted by Teresa Graham on Jun 11th, 2026

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

Analyst Upgrades and Downgrades

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

View Our Latest Stock Analysis on ACX

ACT Energy Technologies Price Performance

The stock has a fifty day moving average price of C$6.68 and a two-hundred day moving average price of C$6.18. The company has a market cap of C$258.26 million, a P/E ratio of 18.61 and a beta of 0.09.

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

About ACT Energy Technologies

(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.