FreightCar America Inc (NASDAQ: RAIL) stock suffered a major decline of -10.7% on 5/9/24. The shares closed at $3.74. Moreover, this decline was accompanied by exceptionally high trading volume at 253% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 5.6% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be below the cost of capital, RAIL is expected to be a major Value Eraser.
FreightCar America is currently unrated.
Rating Review
The stock is currently unrated.
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