Alert: Major Price Advance (11/7/24)-FreightCar America Inc (NASDAQ: RAIL).

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On 11/7/24, FreightCar America Inc (NASDAQ: RAIL) stock enjoyed a major increase of 11.2%, closing at $14.57. Moreover, trading volume in this advance was unusually high at 172% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -2.0% during the last week.

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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.

Rating Review

The stock is currently unrated.

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