CAI International Inc. (CAI) Soars 2.85% on November 17

Equities Staff  |

CAI International Inc. (CAI) had a good day on the market for Tuesday November 17 as shares jumped 2.85% to close at $31.00. About 473,740 shares traded hands on 4,208 trades for the day, compared with an average daily volume of n/a shares out of a total float of 17.74 million. After opening the trading day at $29.95, shares of CAI International Inc. stayed within a range of $31.60 to $29.71.

With today's gains, CAI International Inc. now has a market cap of $550.02 million. Shares of CAI International Inc. have been trading within a range of $31.69 and $10.14 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

CAI International Inc is a global transportation finance and logistics company. It is organized into three segments based on the nature of services provides; Container leasing, Rail leasing, and Logistics. The container leasing segment owns and leases containers and earns fees for managing container portfolios on behalf of third-party investors. The rail leasing segment owns and leases railcars, and the logistics segment provides services like intermodal, truck brokerage, port drayage, warehousing, international ocean freight, and freight forwarding. The company operates across the United States, Switzerland, France, Korea, Singapore, and other parts of Asia and Europe. It generates most of its revenues through the container leasing business.

CAI International Inc. is based out of San Francisco, CA and has some 218 employees. Its CEO is Timothy B. Page.

For a complete fundamental analysis of CAI International Inc., check out Equities.com’s Stock Valuation Analysis report for CAI.

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CAI International Inc. is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on CAI International Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: CAI’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.



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