Chinook Tyee Industry (CVE:XCX) Trading Up 21.6% – Here’s Why
by Michael Walen · The Markets DailyShares of Chinook Tyee Industry Ltd (CVE:XCX – Get Free Report) shot up 21.6% during mid-day trading on Thursday . The stock traded as high as C$0.53 and last traded at C$0.45. 203,469 shares traded hands during mid-day trading, an increase of 356% from the average session volume of 44,615 shares. The stock had previously closed at C$0.37.
Chinook Tyee Industry Price Performance
The company has a market cap of C$9.10 million and a price-to-earnings ratio of -2.60. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 20.15. The company’s fifty day moving average price is C$0.45 and its two-hundred day moving average price is C$0.45.
About Chinook Tyee Industry
Chinook Tyee Industry Limited operates as a financial service company in Canada. The company was formerly known as Global Railway Industries Ltd. and changed its name to Chinook Tyee Industry Limited in August 2013. Chinook Tyee Industry Limited is headquartered in Vancouver, Canada.