Genesee & Wyoming Inc. Class A (GWR) Moves Higher on Volume Spike for March 15

Equities Staff  |

Genesee & Wyoming Inc. Class A (GWR) traded on unusually high volume on Mar. 15, as the stock gained 0.64% to close at $85.46. On the day, Genesee & Wyoming Inc. Class A saw 1.02 million shares trade hands on 6,245 trades. Considering that the stock averages only a daily volume of 456,556 shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.

The stock has traded between $92.91 and $67.61 over the last 52-weeks, its 50-day SMA is now $80.01, and its 200-day SMA $82.23. Genesee & Wyoming Inc. Class A has a P/B ratio of 1.42. It also has a P/E ratio of 21.3.

Genesee & Wyoming Inc manages one of the largest portfolios of short-line/regional freight railroads in North America. About 58% of revenue comes from its core North American short-line business, while its rail lines in Australia make up 14%. Roughly 28% comes from its Europe/U.K. division, which includes its European heavy haul and intermodal operations (Freightliner) that were acquired in early 2015.

Headquartered in Darien, CT, Genesee & Wyoming Inc. Class A has 8,000 employees and is currently under the leadership of CEO John C. Hellmann.

For a complete fundamental analysis analysis of Genesee & Wyoming Inc. Class A, check out Equities.com’s Stock Valuation Analysis report for GWR.

Still paying commissions on stock trades? Equities.com now offers $7.99/month unlimited trading and flat-fee options trading for $89.99/month! Get started today by https://www.equities.com/trading-start

To get more information on Genesee & Wyoming Inc. Class A and to follow the company’s latest updates, you can visit the company’s profile page here: GWR’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

Watchlist

Symbol Last Price Change % Change
AAPL

     
AMZN

     
HD

     
JPM

     
IBM

     
BA

     
WMT

     
DIS

     
GOOG

     
XOM

     
BRK.A

     
FB

     
JNJ

     
WFC

     
T

     
NFLX

     
TSLA

     
V

     
UNH

     
PG

     

Blockchain in Healthcare - Discussion at the EU Parliament

From the recent Blockchain For Europe Summit in Brussels: Panel on Digital Health - How Blockchain technology can make health care systems more patient-centric and sustainable