Shares of FreightCar America, Inc. (NASDAQ:RAIL) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $6.38 and last traded at $6.41, with a volume of 164116 shares. The stock had previously closed at $6.90.
RAIL has been the topic of several recent research reports. ValuEngine downgraded FreightCar America from a “hold” rating to a “sell” rating in a report on Wednesday, January 2nd. Zacks Investment Research raised FreightCar America from a “sell” rating to a “hold” rating in a report on Tuesday, February 5th. Two equities research analysts have rated the stock with a sell rating and four have given a hold rating to the company’s stock. FreightCar America presently has an average rating of “Hold” and a consensus price target of $19.00.
The company has a market cap of $87.96 million, a price-to-earnings ratio of -3.60 and a beta of 1.53.
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FreightCar America Company Profile (NASDAQ:RAIL)
FreightCar America, Inc, through its subsidiaries, designs, manufactures, and sells railcars for the transportation of bulk commodities and containerized freight products primarily in North America. The company offers a range of freight cars, including open top hoppers, covered hoppers, and gondolas; intermodal flats, such as well cars; and non-intermodal flat cars comprising slab, hot slab, ribbon rail, and bulkhead flats.
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