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FreightCar America Inc (RAIL) Stock Price Down 3.91% on Oct 2
Gurufocus· 2024-10-02 16:11
Shares of FreightCar America Inc (RAIL, Financial) fell 3.91% in mid-day trading on Oct 2. The stock reached an intraday low of $10.45, before recovering slightly to $10.88, down from its previous close of $11.32. This places RAIL 5.82% below its 52-week high of $11.55 and 383.44% above its 52-week low of $2.25. Trading volume was 118,766 shares, 30.6% of the average daily volume of 387,644. Wall Street Analysts Forecast Based on the one-year price targets offered by 1 analysts, the average target price for ...
Freightcar America (RAIL) Moves 10.7% Higher: Will This Strength Last?
ZACKS· 2024-10-01 09:10
Freightcar America (RAIL) shares rallied 10.7% in the last trading session to close at $10.79. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 37.7% gain over the past four weeks. FreightCar America shares have performed exceedingly well this year, gaining almost 300% year to date. This fast-growing company has secured major orders of late and increased production capacity. Driven by the buoyant scenario, RAI ...
Here's Why You Should Add Freightcar America Stock to Your Portfolio
ZACKS· 2024-09-30 15:20
Freightcar America (RAIL) manufactures and supplies railroad freight cars, railcar parts and components. The company has been benefiting from the improved railcar market. RAIL's shares have performed impressively on the bourse so far this year. If you have not taken advantage of RAIL's share price appreciation yet, it's time to do so. Factors Favoring RAIL Stock Robust Price Performance: Its shares have surged 261.1% year to date, surpassing the industry's 30.2% growth. Zacks Investment Research Image Sourc ...
Freightcar America (RAIL) is on the Move, Here's Why the Trend Could be Sustainable
ZACKS· 2024-09-30 13:51
Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it. Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, etc. - ...
Railtown AI Technologies Inc. Participates in the Developer Productivity Engineering (DPE) Summit
Newsfile· 2024-09-20 22:42
Vancouver, British Columbia--(Newsfile Corp. - September 20, 2024) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown AI'', "Railtown" or the "Company") is pleased to announce its participation in the 3rd Annual Developer Productivity Engineering (DPE) Summit, taking place on September 24-25, 2024, in San Francisco. Co-founders Cory Brandolini, CEO, and Marwan Hadad, CTO, will represent Railtown at this premier event, which showcases the latest advancements in Developer Productivity Engin ...
Railtown Launches Large-Scale Customer Acquisition Campaign in Preparation of SOC Compliance
Newsfile· 2024-09-19 12:00
Vancouver, British Columbia--(Newsfile Corp. - September 19, 2024) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown AI'', "Railtown" or the "Company") is pleased to announce the launch of a large-scale Customer Acquisition campaign. As previously announced, Railtown has begun the SOC 2 compliance certification process, which is essential for customer acquisition, particularly in the enterprise market where stringent data security standards are a must. The Company has now successfully co ...
Railtown Announces Development of New Product to Expedite the SR&ED Audit Process for Software Development, and Addition to the CSE 25 Index
Newsfile· 2024-09-18 12:00
● ● ● | --- | --- | |--------------------------------------------------|-------| | | | | Railtown Announces Development of New Product | | | to Expedite the SR&ED Audit Process for Software | | | Development, and Addition to the CSE 25 Index | | September 18, 2024 8:00 AM EDT | Source: Railtown AI Technologies Inc. Vancouver, British Columbia--(Newsfile Corp. - September 18, 2024) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown AI'', "Railtown" or the "Company") today announces the dev ...
Recent Price Trend in Freightcar America (RAIL) is Your Friend, Here's Why
ZACKS· 2024-09-13 13:51
When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done. The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the s ...
Freightcar America (RAIL) Surges 10.8%: Is This an Indication of Further Gains?
ZACKS· 2024-09-12 11:45
Freightcar America (RAIL) shares rallied 10.8% in the last trading session to close at $9.47. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 105% gain over the past four weeks. The company has performed very well on the bourse this year. Shares have surged 251% year to date. Higher railcar deliveries are boosting the company's top line, which increased 66% year over year in second-quarter 2024. RAIL's focus ...
Adding To My FreightCar America Investment
Seeking Alpha· 2024-09-04 19:59
E 1 1 H 1 1 11 2 I I I I P H - 17 11 1 H I I 1 H Stephen Simpson It's been about 15 months since I posted my most recent bullish article on FreightCar America Inc. (NASDAQ:RAIL), and in that time the shares have climbed about 182% against a gain of about 32.6% for the S&P 500. It's worth noting that the shares were basically flat over 14 of those 15 months, and spiked higher in price less than a month ago. I thought it would be worthwhile to check to see if it makes sense to continue to hold the shares, or ...