RailAmerica Rises On Unusually High Volume (RA)
By TheStreet Wire - 05/22/12 - 2:55 PM EDT
Tickers in this article: RANEW 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 has a market cap of $1.04 billion and is part of the services sector and transportation industry. Shares are up 40.4% year to date as of the close of trading on Monday. 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. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.
Tickers in this article: RA
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