TX Rail Products (OTCMKTS:TXHG) Trading 0.3% Higher – Still a Buy?

TX Rail Products, Inc (OTCMKTS:TXHGGet Free Report)’s share price shot up 0.3% on Wednesday . The stock traded as high as $0.26 and last traded at $0.24. 142,073 shares changed hands during mid-day trading, an increase of 268% from the average session volume of 38,602 shares. The stock had previously closed at $0.24.

TX Rail Products Stock Performance

The stock has a 50-day simple moving average of $0.17 and a 200 day simple moving average of $0.13.

About TX Rail Products

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TX Rail Products, Inc supplies, distributes, and sells drill bits, related tools, and other mining supplies and rail products to coal mining companies in the United States. It distributes and sells drill steel mining products, such as drill bit products and accessories used for hard and soft rock mining operations; tungsten carbide drill bits and augurs; and related accessories and tools.

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