Why FreightCar America's Stock Is Trading Lower Today

FreightCar America (NASDAQ:RAIL) shares are trading lower after the company reported worse-than-expected Q1 sales results and Q1 EPS results down from last year.

FreightCar America's stock has been falling Monday, down 17.4% to a price of $5.32. Monday the stock has been traded at a volume of 2.33 million, about 89.29% of its recent 30-day volume average of 2.61 million.

The moving average price of the stock over the past 50 days was $5.34 at the time this article was published. In the past fifty-two weeks, the stock price has been as high as $8.63 and as low as $0.9.

Benzinga Pro provides investors with timely and accurate explanations of why a stock is moving. Subscribe to receive real-time alerts explaining stock price movements. Click here to learn more.

Market News and Data brought to you by Benzinga APIs

To add Benzinga News as your preferred source on Google, click here.