FreightCar America Director Sells $45,266 in Stock (RAIL)
FreightCar America (NASDAQ:RAIL) Director S Carl Soderstrom, Jr. sold 1,519 shares of the stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $29.80, for a total value of $45,266.20. Following the transaction, the director now directly owns 10,857 shares in the company, valued at approximately $323,539. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of FreightCar America (NASDAQ:RAIL) traded down 0.17% during mid-day trading on Wednesday, hitting $29.97. The stock had a trading volume of 162,310 shares. FreightCar America has a 1-year low of $17.53 and a 1-year high of $30.25. The stock’s 50-day moving average is $24.63 and its 200-day moving average is $24.79. The company’s market cap is $361.6 million.
FreightCar America (NASDAQ:RAIL) last announced its earnings results on Wednesday, August 6th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.12. Analysts expect that FreightCar America will post $0.55 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, August 29th. Investors of record on Friday, August 22nd will be given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.80%. The ex-dividend date of this dividend is Wednesday, August 20th.
FreightCar America, Inc (NASDAQ:RAIL) is engaged in manufacturing of aluminum-bodied railcars in North America.
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