Chinook Tyee Industry (CVE:XCX) Stock Price Up 21.6% – Still a Buy?

Chinook Tyee Industry Ltd (CVE:XCX)’s share price rose 21.6% during mid-day trading on Friday . The company traded as high as C$0.53 and last traded at C$0.45. Approximately 203,469 shares changed hands during trading, an increase of 356% from the average daily volume of 44,615 shares. The stock had previously closed at C$0.37.

Chinook Tyee Industry Trading Up 21.6 %

The stock’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. The firm has a market cap of C$9.10 million and a PE ratio of -2.60.

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.