In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on NSC, TRN, UNP, and WAB which is a click away at www.wallstequities.com/registration. Railroads are part of a broader Freight-Hauling industry that includes truckers, barge operators, and air transporters. The rails haul an estimated 15% of tonnage in America, a fraction of the 70% or so moved by truckers. Ahead of today’s trading session, WallStEquities.com covers the recent performance of Norfolk Southern Corp. (NYSE: NSC), Trinity Industries Inc. (NYSE: TRN), Union Pacific Corp. (NYSE: UNP), and Westinghouse Air Brake Technologies Corp. (NYSE: WAB). Free Downloads on Wall St. Equities today, sign up now and access these stocks’ research reports at: www.wallstequities.com/registration
Virginia-based Norfolk Southern Corp.’s stock finished Wednesday’s session 4.81% higher at $136.41. A total volume of 3.63 million shares was traded, which was above their three months average volume of 1.41 million shares. Over the last month and the previous three months, the Company’s shares have advanced 2.72% and 12.93%, respectively. Additionally, the stock has gained 26.22% since the start of this year. The Company’s shares are trading above their 50-day and 200-day moving averages by 4.64% and 12.27%, respectively. Moreover, shares of Norfolk Southern have a Relative Strength Index (RSI) of 65.14.
On November 01st, 2017, Norfolk Southern has released its 2017 corporate responsibility report, Strides in Stewardship, highlighting the railroad’s progress in advancing sustainable freight transportation that benefits employees, customers, communities, suppliers, and shareholders. The Company’s 10th annual sustainability report showed how it creates long-term value through sustainable business practices supporting the four pillars of its strategic plan: safety, service, stewardship of resources, and growth.
On November 27th, 2017, research firm Loop Capital downgraded the Company’s stock rating from ‘Hold’ to ‘Sell’. Free Access to this morning’s research report on NSC at: www.wallstequities.com/registration/?symbol=NSC
Shares in Texas headquartered Trinity Industries Inc. rose 0.89%, ending yesterday’s session at $35.29 with a total trading volume of 1.20 million shares. The stock has gained 11.36% in the past month, 22.88% in the previous three months, and 27.13% on an YTD basis. The Company’s shares are trading 6.77% above their 50-day moving average and 22.81% above their 200-day moving average. Moreover, shares of Trinity Industries have an RSI of 68.69.
On November 06th, 2017, research firm Susquehanna upgraded the Company’s stock rating from ‘Neutral’ to ‘Positive’.
On November 14th, 2017, Trinity Industries announced that earlier that day, the US Court of Appeals for the Fifth Circuit, in a per curiam order, denied the Relator’s Petition for Rehearing En Banc in Joshua Harman, on behalf of the US, Plaintiff/Relator v. Trinity Industries, Inc. and Trinity Highway Products, LLC, Defendants. The Company will continue to monitor any pursuit by the Relator of further appellate recourse in this matter. Find your free research report TRN at: www.wallstequities.com/registration/?symbol=TRN
On Wednesday, Nebraska headquartered Union Pacific Corp.’s stock climbed 3.48%, to close the day at $122.94. A total volume of 7.16 million shares was traded, which was above their three months average volume of 3.18 million shares. The Company’s shares have advanced 5.65% in the last one month, 17.15% in the previous three months, and 18.58% on an YTD basis. The stock is trading 6.71% and 12.39% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Union Pacific have an RSI of 70.75.
On November 13th, 2017, research firm Goldman initiated a ‘Sell’ rating on the Company’s stock, with a target price of $103 per share.
On November 16th, 2017, Union Pacific announced that its Board of Directors voted to increase the quarterly dividend on the Company’s common shares by 10% to 66.5 cents per share. The increased dividend is payable on December 28th, 2017, to shareholders of record as of November 30th, 2017. Sign up today for the free research report on UNP at: www.wallstequities.com/registration/?symbol=UNP
Westinghouse Air Brake Technologies
Shares in Pennsylvania headquartered Westinghouse Air Brake Technologies Corp. (“Wabtec”) ended the day 2.86% higher at $77.00. A total volume of 1.08 million shares was traded, which was above their three months average volume of 711,310 shares. The stock has gained 0.57% in the last one month and 9.34% in the previous three months. The Company’s shares are trading above their 50-day moving average by 1.94%. Furthermore, shares of the Company have an RSI of 58.51.
On November 07th, 2017, Faiveley Transport, a subsidiary of Wabtec, has been awarded contracts worth more than $150 million by RailConnect NSW, a consortium consisting of the Hyundai Rotem Company, UGL Limited and Mitsubishi Electric Australia, to supply a complete range of railway systems and maintenance services for the 56 train sets (512 cars) of the New Intercity Fleet in New South Wales Australia. Sign up today for the free research report on WAB at: www.wallstequities.com/registration/?symbol=WAB
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