Reko International Group (CVE:REK) Shares Up 2.4% – Should You Buy?

Reko International Group Inc (CVE:REK)’s stock price shot up 2.4% on Thursday . The stock traded as high as C$4.25 and last traded at C$4.25. 625 shares changed hands during mid-day trading, a decline of 86% from the average session volume of 4,566 shares. The stock had previously closed at C$4.15.

Reko International Group Stock Up 2.4 %

The company’s fifty day moving average is C$4.25 and its two-hundred day moving average is C$4.25.

Reko International Group (CVE:REK) last posted its quarterly earnings data on Thursday, October 10th. The company reported C($0.07) earnings per share for the quarter. The company had revenue of C$9.02 million for the quarter.

Reko International Group Company Profile

Reko International Group Inc designs and manufactures a range of engineered products and services for original equipment manufacturers (OEMs) and their Tier 1 suppliers in various sectors, such as rail equipment, oil and gas distribution, mining, military, capital equipment and automotive.. These products include custom machining of castings and assemblies to high precision tolerances, specialty machines and lean cell factory automation, compression molds, hydroform dies, plastic injection molds, fixtures and gauges.