FreightCar America Inc (RAIL) saw an uptrend of 20.02% in the recent trading with $10.85 being its most recent. The current price level -20.45% lower than the highest price of $13.64 marked by the stock while trading over the past 52-weeks, whereas it is 151.74% higher than the lowest price of $4.31 the company dropped to over past 52-weeks. The latest news story on RAIL appeared in (GlobeNewswire) under the title “FreightCar America, Inc. Acquires a Leading Distributor of Railcar Components”.
Squeezing the time span to 30 day period shows us the stock is currently trading -0.91% below one month high and is +43.33% above of the lowest during that time. Looking into the simple moving average, FreightCar America Inc (RAIL)’s stock stands at a SMA-50 of $8.89 while that of 5-day is reading $9.57.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and RAIL’s SMA-200 as of now is $8.34.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Strong Buy by 1 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.00 for the stock.
FreightCar America Inc Earnings – What Happened With RAIL
Coming around sales and income figures on RAIL Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. FreightCar America Inc (RAIL) last released financial results for the quarter that ended 12/31/2024, posting a surprise factor of 366.67% for net revenue.
RAIL – FreightCar America Inc Stock Earnings Estimates
The perspective of FreightCar America Inc (NASDAQ:RAIL)’s current quarter earnings identifies that analysts are in consensus over the estimate of 0.05 for stock’s EPS in the current quarter. FreightCar America Inc (RAIL) last released financial results for the quarter that ended 12/31/2024, posting a surprise factor of 366.67% for net revenue. Company’s EPS for the last quarter was 0.21.
FreightCar America Inc – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 19.08 million. RAIL does have institutional investors; and they hold 40.11% of the stock.
As on 2024-06-30, CONTINENTAL GENERAL INSURANCE CO was the top most holder in FreightCar America Inc (NASDAQ:RAIL) with an ownership of 1.58 million shares of the company or 5.168 of the stake worth $5.53 million. The filing also reveals ALLIANZ ASSET MANAGEMENT GMBH as the second largest holder in the company with a control over 5.0496 of the outstanding shares. Its stake is worth $5.4 million for having 1.55 million shares in hand.
MINERVA ADVISORS LLC also came holding a key position in the company during the recent quarter and it now holds 2.5665 of the outstanding shares. With this there are now 93.0 institutions which have possession in RAIL’s shares.
Technical Analysis of FreightCar America Inc (NASDAQ:RAIL) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for FreightCar America Inc (RAIL), we notice that the stock’s 20-day average volume is at 174,795 shares and 100% of short term indicators are suggesting the stock as Buy. Its 50-day average volume of 166,252 shares. And to end, RAIL’s 100-day average volume is 171,363 shares with 100% of the long-term indicators pointing towards Buy for the stock.
