Chinook Tyee Industry (CVE:XCX) Trading 21.6% Higher – Here’s Why

Chinook Tyee Industry Ltd (CVE:XCXGet Free Report)’s share price traded up 21.6% during trading on Thursday . The company traded as high as C$0.53 and last traded at C$0.45. 203,469 shares were traded 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 Trading Up 21.6 %

The stock has a market cap of C$9.10 million and a price-to-earnings ratio of -2.60. The business’s fifty day simple moving average is C$0.45 and its 200 day simple moving average is C$0.45. The company has a debt-to-equity ratio of 20.15, a current ratio of 1.55 and a quick ratio of 1.55.

About Chinook Tyee Industry

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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.

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