Alert: Major Price Advance (9/3/24)-FreightCar America Inc (NASDAQ: RAIL).

out_logo_500#39470.jpg

FreightCar America Inc (NASDAQ: RAIL) stock closed at $8.09 on 9/3/24 after a major increase of 14.3%. Moreover, trading volume in this advance was exceptionally high at 445% of normal. The stock has risen 31.3% during the last week and has been exceptionally strong relative to the market over the last nine months.

out_mm#39470.jpg

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.

Be the first to comment

Leave a Reply

Your email address will not be published.


*