FreightCar America Inc. (NASDAQ:RAIL) went down by -32.94% from its latest closing price compared to the recent 1-year high of $7.69. The company’s stock price has collected -41.07% of loss in the last five trading sessions.
Is It Worth Investing in FreightCar America Inc. (NASDAQ :RAIL) Right Now?
Plus, the 36-month beta value for RAIL is at 2.23. Opinions of the stock are interesting as 0 analysts out of 2 who provided ratings for FreightCar America Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $6.25, which is $2.85 above the current price. RAIL currently public float of 11.30M and currently shorts hold a 5.32% ratio of that float. Today, the average trading volume of RAIL was 237.16K shares.
RAIL’s Market Performance
RAIL stocks went down by -41.07% for the week, with a monthly drop of -39.50% and a quarterly performance of -11.46%, while its annual performance rate touched -49.10%. The volatility ratio for the week stands at 16.44% while the volatility levels for the past 30 days are set at 10.04% for FreightCar America Inc.. The simple moving average for the period of the last 20 days is -37.63% for RAIL stocks with a simple moving average of -25.57% for the last 200 days.
Analysts’ Opinion of RAIL
Many brokerage firms have already submitted their reports for RAIL stocks, with Cowen repeating the rating for RAIL by listing it as a “Market Perform.” The predicted price for RAIL in the upcoming period, according to Cowen is $4.50 based on the research report published on November 01st of the previous year 2019.
Stifel gave a rating of “Hold” to RAIL, setting the target price at $19 in the report published on August 03rd of the previous year.
RAIL Trading at -33.58% from the 50-Day Moving Average
After a stumble in the market that brought RAIL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -55.79% of loss for the given period.
Volatility was left at 10.04%, however, over the last 30 days, the volatility rate increased by 16.44%, as shares sank -38.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -15.84% lower at present.
During the last 5 trading sessions, RAIL fell by -41.07%, which changed the moving average for the period of 200-days by -40.35% in comparison to the 20-day moving average, which settled at $5.34. In addition, FreightCar America Inc. saw -7.86% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for RAIL
Current profitability levels for the company are sitting at:
- -7.92 for the present operating margin
- +5.64 for the gross margin
The net margin for FreightCar America Inc. stands at -20.41. Equity return is now at value 577.20, with -23.30 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.97.