TX Rail Products (OTCMKTS:TXHG) Trading 1.4% Higher – Should You Buy?

TX Rail Products, Inc (OTCMKTS:TXHGGet Free Report) was up 1.4% during mid-day trading on Monday . The stock traded as high as $0.25 and last traded at $0.25. Approximately 4,300 shares traded hands during trading, a decline of 89% from the average daily volume of 38,602 shares. The stock had previously closed at $0.2465.

TX Rail Products Stock Performance

The business’s 50 day simple moving average is $0.18 and its 200 day simple moving average is $0.15.

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. The company also offers tee rails for use in railroad tracks for the transportation of coal by coal mine operators; steel ties for use in securing rail; switches; and related accessories and tools.

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