On Monday, FreightCar America Inc (NASDAQ: RAIL) opened lower -9.73% from the last session, before settling in for the closing price of $13.67. Price fluctuations for RAIL have ranged from $2.25 to $15.06 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Industrials sector has jumped its sales by 16.97% annually for the last half of the decade. Company’s average yearly earnings per share was noted 158.97% at the time writing. With a float of $14.31 million, this company’s outstanding shares have now reached $17.90 million.
In an organization with 2023 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 10.25%, operating margin of 3.07%, and the pretax margin is -0.46%.
FreightCar America Inc (RAIL) Insider Updates
A key investor’s attitude towards the stock of the Railroads industry is another important factor to consider. The insider ownership of FreightCar America Inc is 24.19%, while institutional ownership is 30.92%. The most recent insider transaction that took place on Sep 27 ’24, was worth 40,741. In this transaction Director of this company bought 4,000 shares at a rate of $10.19, taking the stock ownership to the 73,147 shares. Before that another transaction happened on Sep 17 ’24, when Company’s Director sold 10,000 for $10.83, making the entire transaction worth $108,300. This insider now owns 147,608 shares in total.
FreightCar America Inc (RAIL) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 158.97% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.00% during the next five years compared to 18.51% growth over the previous five years of trading.
FreightCar America Inc (NASDAQ: RAIL) Trading Performance Indicators
Check out the current performance indicators for FreightCar America Inc (RAIL). In the past quarter, the stock posted a quick ratio of 0.92. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.45. Likewise, its price to free cash flow for the trailing twelve months is 4.36.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.70, a number that is poised to hit 0.05 in the next quarter and is forecasted to reach 0.71 in one year’s time.
Technical Analysis of FreightCar America Inc (RAIL)
Let’s dig in a bit further. During the last 5-days, its volume was 0.39 million. That was better than the volume of 0.15 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 46.18%. Additionally, its Average True Range was 1.08.
During the past 100 days, FreightCar America Inc’s (RAIL) raw stochastic average was set at 77.41%, which indicates a significant increase from 23.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 82.69% in the past 14 days, which was lower than the 87.44% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.93, while its 200-day Moving Average is $5.37. However, in the short run, FreightCar America Inc’s stock first resistance to watch stands at $13.36. Second resistance stands at $14.37. The third major resistance level sits at $15.03. If the price goes on to break the first support level at $11.69, it is likely to go to the next support level at $11.03. Assuming the price breaks the second support level, the third support level stands at $10.02.
FreightCar America Inc (NASDAQ: RAIL) Key Stats
There are currently 18,874K shares outstanding in the company with a market cap of 221.72 million. Presently, the company’s annual sales total 358,090 K according to its annual income of -23,590 K. Last quarter, the company’s sales amounted to 147,420 K and its income totaled 8,180 K.
