Trade Freightcar - RAIL CFD

Trading Conditions
Spread0.12
Long position overnight fee
Long position overnight fee

Margin. Your investment
$1,000.00
Overnight fee
Charges from full value of position
-0.026179 %
(-$1.05)

Trade size with leverage ~ $5,000.00

Short position overnight fee ~ $4,000.00


-0.026179%
Short position overnight fee
Short position overnight fee

Margin. Your investment
$1,000.00
Overnight fee
Charges from full value of position
0.003957 %
($0.16)

Trade size with leverage ~ $5,000.00

Short position overnight fee ~ $4,000.00


0.003957%
Overnight fee time21:00 (UTC)
CurrencyUSD
Min traded quantity1
Margin20
Stock exchangeUnited States of America
Commission on trade10%

1Our charge for executing your trade is the spread, the difference between the buy and sell price. Please consult the Charges and Fees section of our website for further information

Key Stats
Prev. Close3.84
Open3.84
1-Year Change35.21%
Day's Range3.73 - 3.84

Freightcar Company profile

About FreightCar America, Inc.

FreightCar America, Inc. is a manufacturer of railcars and railcar components. The Company operates in two segments: Manufacturing and Parts. Manufacturing segment includes new railcar manufacturing, used railcar sales, railcar leasing and major railcar rebuilds. The Company’s Parts segment is combined with corporate and other non-operating activities as Corporate and other. Its products and services include designing and manufacturing a variety of freight cars, including covered hoppers, open top hoppers, gondolas, intermodal and non-intermodal flat cars that transport numerous types of dry bulk and containerized freight products. Its railcar types include VersaFlood hopper cars, covered hopper cars, DynaStack series, steel products cars, boxcars, aluminum coal cars and other railcar types. The Company also leases freight cars through its JAIX Leasing Company subsidiary. The Company's railcar manufacturing facilities are located in Cherokee, Alabama (Shoals) and Illinois.

Financial summary

BRIEF: For the nine months ended 30 September 2021, FreightCar America, Inc. revenues increased from $47.9M to $128M. Net loss decreased 39% to $42.6M. Revenues reflect Manufacturing segment increase from $40.7M to $91.1M, United States segment increase of 100% to $95.6M, Mexico segment increase from $0K to $74K. Lower net loss reflects Manufacturing segment income totaling $2M vs. loss of $56.9M, Corporate segment loss decrease of 40% to $8.7M.

Equity composition

Common Stock $.01 Par, 12/10, 50M auth., 12,731,678 issd., less 790,486 shs. in Treas @ $37M. Insiders own 1.96%. IPO 4/6/05, 8.5M shares (5.1M by the Company) @ $19 per share by UBS Investment Bank and CIBC World Markets.