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Railtown Launches Large-Scale Customer Acquisition Campaign in Preparation of SOC Compliance
Newsfile· 2024-09-19 12:00
Vancouver, British Columbia--(Newsfile Corp. - September 19, 2024) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown AI'', "Railtown" or the "Company") is pleased to announce the launch of a large-scale Customer Acquisition campaign. As previously announced, Railtown has begun the SOC 2 compliance certification process, which is essential for customer acquisition, particularly in the enterprise market where stringent data security standards are a must. The Company has now successfully co ...
Railtown Announces Development of New Product to Expedite the SR&ED Audit Process for Software Development, and Addition to the CSE 25 Index
Newsfile· 2024-09-18 12:00
● ● ● | --- | --- | |--------------------------------------------------|-------| | | | | Railtown Announces Development of New Product | | | to Expedite the SR&ED Audit Process for Software | | | Development, and Addition to the CSE 25 Index | | September 18, 2024 8:00 AM EDT | Source: Railtown AI Technologies Inc. Vancouver, British Columbia--(Newsfile Corp. - September 18, 2024) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown AI'', "Railtown" or the "Company") today announces the dev ...
Recent Price Trend in Freightcar America (RAIL) is Your Friend, Here's Why
ZACKS· 2024-09-13 13:51
When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done. The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the s ...
Freightcar America (RAIL) Surges 10.8%: Is This an Indication of Further Gains?
ZACKS· 2024-09-12 11:45
Freightcar America (RAIL) shares rallied 10.8% in the last trading session to close at $9.47. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 105% gain over the past four weeks. The company has performed very well on the bourse this year. Shares have surged 251% year to date. Higher railcar deliveries are boosting the company's top line, which increased 66% year over year in second-quarter 2024. RAIL's focus ...
Adding To My FreightCar America Investment
Seeking Alpha· 2024-09-04 19:59
E 1 1 H 1 1 11 2 I I I I P H - 17 11 1 H I I 1 H Stephen Simpson It's been about 15 months since I posted my most recent bullish article on FreightCar America Inc. (NASDAQ:RAIL), and in that time the shares have climbed about 182% against a gain of about 32.6% for the S&P 500. It's worth noting that the shares were basically flat over 14 of those 15 months, and spiked higher in price less than a month ago. I thought it would be worthwhile to check to see if it makes sense to continue to hold the shares, or ...
Why Fast-paced Mover Freightcar America (RAIL) Is a Great Choice for Value Investors
ZACKS· 2024-08-28 13:51
Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than the traditional "buying low and selling high" approach, aiming for quicker profits [1] Group 1: Momentum Investing Characteristics - Fast-moving trending stocks can be difficult to enter at the right time, as they may lose momentum if future growth does not justify their high valuations [2] - Investing in bargain stocks that have recently shown price momentum can be a safer strategy, utilizing tools like the Zacks Momentum Style Score to identify potential opportunities [3] Group 2: Freightcar America (RAIL) Analysis - Freightcar America (RAIL) has shown significant price movement, with a 99.7% increase over the past four weeks, indicating strong investor interest [4] - RAIL has gained 94.6% over the past 12 weeks, demonstrating its ability to deliver positive returns over a longer timeframe, with a beta of 1.97 indicating high volatility [5] - RAIL has a Momentum Score of B, suggesting it is an opportune time to invest in the stock for potential success [6] Group 3: Earnings Estimates and Valuation - RAIL's upward trend in earnings estimate revisions has contributed to its Zacks Rank 2 (Buy), as increased analyst interest typically drives stock prices higher [7] - Despite its strong momentum, RAIL is trading at a low Price-to-Sales ratio of 0.26, indicating it is attractively priced relative to its sales [7] Group 4: Additional Investment Opportunities - Besides RAIL, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [8] - Various Zacks Premium Screens are available to help identify winning stock picks based on different investing styles [9]
Freightcar America (RAIL) Is a Great Choice for 'Trend' Investors, Here's Why
ZACKS· 2024-08-28 13:50
Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it. Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, etc. - ...
Railtown to Present at the 2024 ThinkEquity Conference in NYC
Newsfile· 2024-08-23 01:51
Vancouver, British Columbia--(Newsfile Corp. - August 22, 2024) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown AI'', "Railtown" or the "Company") is pleased to announce that Railtown AI's Founder and CEO, Cory Brandolini, has been invited to present at the ThinkEquity Conference on October 30, 2024, at the Mandarin Oriental Hotel in New York City. Interested parties can register to attend here. Additionally, the company announces that all outstanding debentures have been converted, le ...
FreightCar America, Inc. Announces Expansion into Tank Cars Securing Multi-Year Order
GlobeNewswire News Room· 2024-08-01 12:00
Core Viewpoint - FreightCar America has entered into a multi-year agreement to convert over 1,000 existing DOT 111 tank cars to upgraded DOT 117R specifications, enhancing its product offerings and solidifying its position in the rail transportation market [1][2]. Group 1: Agreement Details - The agreement involves upgrading over 1,000 existing DOT 111 tank cars to DOT 117R specifications over a two-year period [2]. - Upgrades will include new exterior tank jackets, thermal protection, full height head shields, top fittings protection, and upgraded bottom outlet valves [2]. - All tank cars transporting certain hazardous and flammable liquids must be upgraded by 2029 as part of a federally mandated program [2]. Group 2: Company Capabilities - The company has a legacy of over 120 years and has delivered more than 15,000 conversions and rebodied railcars [1]. - The Castaños facility has the capacity to efficiently handle these modifications, minimizing the number of cars out of service at any given time [3]. - The expansion into tank car conversions is seen as a key milestone in diversifying the company's product offerings [1][4]. Group 3: Market Position and Future Growth - This expansion broadens the company's offerings of railcars and enhances opportunities to grow its addressable market and customer base [4]. - The company is committed to quality and reliability in large-scale projects, aiming to set new standards in manufacturing and commercial excellence [4]. - The agreement underscores the company's capability as a reliable partner in large-scale projects, reinforcing its position as a key player in the rail transportation industry [2].
FreightCar America, Inc. To Release Second Quarter Results On August 12, 2024
GlobeNewswire News Room· 2024-07-29 20:15
CHICAGO, July 29, 2024 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ: RAIL), a diversified manufacturer of railroad freight cars, today announced that it will release its second quarter 2024 financial results on Monday, August 12, 2024 after the market close. The conference call and live webcast will be held on Tuesday, August 13 at 11:00 a.m. (Eastern Time), and will be available on the Investor Relations page of the Company's website at www.freightcaramerica.com. Investors, analysts, and members of ...