Alert: Positive Investment/Fundamental Signals (9/6/24)-FreightCar America Inc (NASDAQ: RAIL)

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FreightCar America Inc (NASDAQ: RAIL) has benefited from exceptional positive changes in investment behavior: the stock rose on very heavy volume, and positive upside/downside volume developed.

Recent notable positive changes in fundamentals have benefitted FreightCar America Inc (NASDAQ: RAIL): the consensus estimate for December, 2025 increased significantly, and the consensus estimate for December, 2024 increased significantly.

The stock is currently unrated.

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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.

Recent Price Action

FreightCar America Inc (NASDAQ: RAIL) stock enjoyed a very large increase of 8.4% on 9/6/24. The shares closed at $8.24. Moreover, trading volume in this advance was exceptionally high at 215% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 14.4% during the last week.

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