Railroads Stocks' Research Reports Released on CSX Corp., Genesee & Wyoming, Kansas City Southern, and Norfolk Southern
NEW YORK, May 03, 2018 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on CSX, GWR, KSU, and NSC which can be accessed for free by signing up to www.wallstequities.com/registration. Today, WallStEquities.com takes a closer look at the Railroads industry, which is engaged in hauling freight. Rail operators enable the efficient flow of goods from producers to consumers and are therefore a vital part of the broad economy. Under review this morning are four stocks: CSX Corp. (NASDAQ: CSX), Genesee & Wyoming Inc. (NYSE: GWR), Kansas City Southern (NYSE: KSU), and Norfolk Southern Corp. (NYSE: NSC). All you have to do is sign up today for this free limited time offer by clicking the link below.
www.wallstequities.com/registration
CSX Corp.
Jacksonville, Florida-based CSX Corp.'s stock finished Wednesday's session 0.79% lower at $59.38 with a total trading volume of 4.99 million shares. The Company's shares have advanced 6.55% in the past month, 4.60% over the previous three months, and 15.32% over the past year. The stock is trading above its 50-day and 200-day moving averages by 4.92% and 10.13%, respectively. Furthermore, shares of CSX Corp., which together with its subsidiaries, provides rail-based transportation services in the US and Canada, have a Relative Strength Index (RSI) of 56.48.
On April 18th, 2018, research firm Cowen reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $62 a share to $66 a share.
On April 25th, 2018, CSX Corp. announced that its Director of Construction Engineering, Charles Bailey, was presented with the Association of American Railroads' John H. Chafee Environmental Excellence Award for his career contributions to elevating environmental standards in rail construction and design processes. Bailey is the fifth Company employee in the last six years to receive this honor. Get the full research report on CSX for free by clicking below at: www.wallstequities.com/registration/?symbol=CSX
Genesee & Wyoming
Shares in Darien, Connecticut headquartered Genesee & Wyoming Inc. ended at $72.31, up 1.12% from the last trading session. The stock recorded a trading volume of 1.22 million shares, which was above its three months average volume of 609,220 shares. The Company's shares have gained 4.43% in the last month and 11.68% over the past year. The stock is trading 1.34% above its 50-day moving average. Moreover, shares of the Company, which owns and leases freight railroads, have an RSI of 55.06.
On April 10th, 2018, research firm Goldman initiated a 'Neutral' rating on the Company's stock, with a target price of $76 per share.
On April 17th, 2018, Genesee & Wyoming reported traffic volumes for March 2018 and Q1 2018. For March, traffic was 279,912 carloads, and same-railroad traffic was 279,280 carloads. For Q1 2018, traffic was 811,313 carloads, and same-railroad traffic was 809,743 carloads. Gain free access to the research report on GWR at: www.wallstequities.com/registration/?symbol=GWR
Kansas City Southern
Missouri-based Kansas City Southern's stock ended yesterday's session 0.31% higher at $106.59 with a total trading volume of 873,357 shares. The Company's shares have advanced 18.51% over the past year. The stock is trading 0.42% below its 200-day moving average. Additionally, shares of the Company, which through its subsidiaries, provides domestic and international rail transportation services in North America, have an RSI of 44.70.
On April 27th, 2018, Kansas City Southern announced that it has joined the Blockchain in Transport Alliance (BiTA). BiTA was founded to engage thought leaders, who have a shared vision of leveraging blockchain technology within the supply chain with a goal of developing a standard framework, educating the market and encouraging its widespread adoption, within the Transportation and Technology industries. Signing up today on Wall St. Equities will give you access to the latest report on KSU at: www.wallstequities.com/registration/?symbol=KSU
Norfolk Southern
On Wednesday, shares in Norfolk, Virginia-based Norfolk Southern Corp. recorded a trading volume of 1.57 million shares. The stock finished 0.06% lower at $142.40. The Company's shares have advanced 6.77% in the last month and 20.43% over the past year. The stock is trading above its 50-day and 200-day moving averages by 3.22% and 6.32%, respectively. Furthermore, shares of Norfolk Southern, which together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods, have an RSI of 56.50.
On April 30th, 2018, Norfolk Southern (NSC) received the American Chemistry Council's (ACC) Responsible Care® Partner of the Year award for its exemplary performance and safety record in the transport of chemical products. NSC was one of three companies and the only freight railroad to receive the ACC's premier partner award. Register now for today's free coverage on NSC at: www.wallstequities.com/registration/?symbol=NSC
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