CAI International Inc. Reaches New 12-Month Low at $19.77 (CAP)
CAI International (NYSE:CAP)’s share price reached a new 52-week low during mid-day trading on Monday, Analyst Ratings News reports. The stock traded as low as $19.77 and last traded at $19.98, with a volume of 129,413 shares traded. The stock had previously closed at $20.69.
Separately, analysts at Zacks upgraded shares of CAI International from an “underperform” rating to a “neutral” rating in a research note to investors on Tuesday, December 31st. They now have a $23.90 price target on the stock. Five analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. CAI International has a consensus rating of “Buy” and a consensus price target of $29.38.
CAI International has a 1-year low of $19.71 and a 1-year high of $30.28. The stock has a 50-day moving average of $22.09 and a 200-day moving average of $22.4. The company has a market cap of $442.4 million and a P/E ratio of 6.97.
CAI International, Inc is a equipment leasing and management company, operating primarily in the international intermodal marine cargo container leasing business.
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