TX Rail Products (OTCMKTS:TXHG) Shares Down 12.6% – Here’s What Happened

TX Rail Products, Inc (OTCMKTS:TXHGGet Free Report)’s share price dropped 12.6% during trading on Friday . The company traded as low as $0.20 and last traded at $0.20. Approximately 81,907 shares changed hands during trading, an increase of 112% from the average daily volume of 38,602 shares. The stock had previously closed at $0.23.

TX Rail Products Stock Down 12.6 %

The company’s 50 day moving average price is $0.22 and its 200 day moving average price is $0.17.

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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