RailAmerica Rises On Unusually High Volume (RA)
NEW YORK (TheStreet) -- RailAmerica (NYSE:RA) is trading at unusually high volume Tuesday with 785,450 shares changing hands. It is currently at four times its average daily volume and trading up $1.13 (+5.2%) at $22.68 as of 2:30 p.m. ET.
RailAmerica, Inc. engages in the ownership and operation of short line and regional freight railroads in North America.
TheStreet Ratings rates RailAmerica as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full RailAmerica Ratings Report.