TX Rail Products (OTCMKTS:TXHG) Shares Down 20.7% – Time to Sell?

TX Rail Products, Inc (OTCMKTS:TXHGGet Free Report) shares fell 20.7% during trading on Monday . The stock traded as low as $0.12 and last traded at $0.12. 2,145 shares traded hands during mid-day trading, a decline of 94% from the average session volume of 38,602 shares. The stock had previously closed at $0.15.

TX Rail Products Stock Performance

The business’s 50-day moving average price is $0.14 and its 200-day moving average price is $0.18.

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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