LB Foster (FSTR) Stock Surges Over 5% Amid Market Activity

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Jan 15, 2025
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LB Foster (FSTR, Financial) experienced a significant stock movement with a 5.32% increase. The stock is currently priced at $27.54 per share, with a trading volume of 20,078 shares and a turnover rate of 0.19%. The stock's amplitude is recorded at 4.24%.

Recent financial reports reveal that LB Foster achieved a revenue of $137 million and a net profit of $35.91 million, resulting in an earnings per share (EPS) of $3.35. The company's gross profit stands at $31.61 million, and it has a price-to-earnings (P/E) ratio of 7.09. Currently, there are no institutional ratings for buy, hold, or sell recommendations on the stock.

Within the railway industry, LB Foster is among the top gainers with an overall industry increase of 0.76%. Other notable stocks in the sector include Freightcar America, Inc. and Trinity Industries, Inc. Rail Vision Ltd. and Freightcar America, Inc. show notable activity with turnover rates of 31.27% and 0.47%, respectively. Rail Vision Ltd. also exhibits a significant amplitude of 28.28%.

LB Foster is a U.S.-based company specializing in the manufacturing and distribution of products and services for the railway, construction, energy, and utility sectors. The company operates through three segments: Rail Technologies and Services, Precast Concrete Products, and Steel Products and Measurement. Its main activities include providing rail tracks, concrete railroad ties, and selling and leasing steel sheet piles and other foundation products. The majority of its revenue is generated from the Rail Technologies and Services segment.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.