TX Rail Products (OTCMKTS:TXHG) Trading Down 9.3% – Time to Sell?

TX Rail Products, Inc (OTCMKTS:TXHGGet Free Report)’s share price fell 9.3% on Thursday . The company traded as low as $0.12 and last traded at $0.14. 66,000 shares changed hands during mid-day trading, an increase of 71% from the average session volume of 38,602 shares. The stock had previously closed at $0.15.

TX Rail Products Price Performance

The business’s 50-day simple moving average is $0.17 and its two-hundred day simple moving average is $0.18.

TX Rail Products Company Profile

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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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