Stadler Rail (OTC:SRAIF) Trading 5.2% Higher – Here’s What Happened

Stadler Rail AG (OTC:SRAIFGet Free Report)’s share price rose 5.2% during mid-day trading on Friday . The company traded as high as $23.00 and last traded at $23.00. Approximately 320 shares were traded during mid-day trading, an increase of 39% from the average daily volume of 231 shares. The stock had previously closed at $21.86.

Stadler Rail Stock Performance

The firm’s 50-day moving average is $25.15 and its 200 day moving average is $28.34.

About Stadler Rail

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Stadler Rail AG, through its subsidiaries, engages in the manufacture and sale of trains in Switzerland, Germany, Austria, Western and Eastern Europe, the Americas, the CIS countries, and internationally. It operates through three segments: Rolling Stock; Service & Components; and Signalling. The Rolling Stock segment manufactures various rail vehicles comprising high-speed, intercity, city transport, locomotives, tailor-made, and regional trains, as well as passenger coaches, light rails, and trams.

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