FreightCar America Rating Increased to Buy at TheStreet (RAIL)
FreightCar America (NASDAQ:RAIL) traded down 0.80% on Thursday, hitting $29.73. 32,520 shares of the company’s stock traded hands. FreightCar America has a 52-week low of $17.53 and a 52-week high of $30.48. The stock has a 50-day moving average of $24.76 and a 200-day moving average of $24.83. The company’s market cap is $358.8 million.
FreightCar America (NASDAQ:RAIL) last announced its earnings results on Wednesday, August 6th. The company reported $0.13 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.01 by $0.12. On average, analysts predict that FreightCar America will post $0.55 earnings per share 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 is Wednesday, August 20th.
In other FreightCar America news, Director S Carl Soderstrom, Jr. sold 1,519 shares of FreightCar America stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $29.80, for a total value of $45,266.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
FreightCar America, Inc (NASDAQ:RAIL) is engaged in manufacturing of aluminum-bodied railcars in North America.