FreightCar America Inc (NASDAQ: RAIL) on Monday, soared 3.15% from the previous trading day, before settling in for the closing price of $15.23. Within the past 52 weeks, RAIL’s price has moved between $2.25 and $15.56.
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
It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 16.97%. The company achieved an average annual earnings per share of 158.97%. With a float of $14.31 million, this company’s outstanding shares have now reached $17.90 million.
The extent of productivity of a business whose workforce counts for 2023 workers is very important to gauge. 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 and Institutional Ownership
Observing investor behavior towards Railroads industry stocks is more important than anything else. The insider ownership of FreightCar America Inc is 24.19%, while institutional ownership is 28.74%. 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) Latest Financial update
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.14 earnings per share (EPS) for the period falling under the consensus outlook (set at -0.03) by -0.11. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.1 per share during the current fiscal year.
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
FreightCar America Inc (RAIL) is currently performing well based on its current performance indicators. A quick ratio of 0.92 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.62. Likewise, its price to free cash flow for the trailing twelve months is 6.10.
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)
The latest stats from [FreightCar America Inc, RAIL] show that its last 5-days average volume of 0.61 million was superior to 0.16 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 88.23%. Additionally, its Average True Range was 1.10.
During the past 100 days, FreightCar America Inc’s (RAIL) raw stochastic average was set at 97.02%, which indicates a significant increase from 90.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 85.67% in the past 14 days, which was lower than the 88.56% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.64, while its 200-day Moving Average is $5.66. Now, the first resistance to watch is $16.08. This is followed by the second major resistance level at $16.45. The third major resistance level sits at $16.80. If the price goes on to break the first support level at $15.36, it is likely to go to the next support level at $15.01. The third support level lies at $14.64 if the price breaches the second support level.
FreightCar America Inc (NASDAQ: RAIL) Key Stats
Market capitalization of the company is 309.94 million based on 18,874K outstanding shares. Right now, sales total 358,090 K and income totals -23,590 K. The company made 147,420 K in profit during its latest quarter, and 8,180 K in sales during its previous quarter.
