Rumo (OTCMKTS:RUMOF – Get Free Report) will likely be releasing its results after the market closes on Thursday, November 12th. Analysts expect the company to announce earnings of $0.0685 per share and revenue of $753.08 million for the quarter.
Rumo Stock Performance
Rumo stock opened at $3.80 on Tuesday. Rumo has a twelve month low of $3.80 and a twelve month high of $4.57. The firm’s 50 day moving average price is $3.79 and its two-hundred day moving average price is $3.80.
Analyst Upgrades and Downgrades
Separately, Scotiabank raised shares of Rumo to an “outperform” rating in a research note on Friday, October 23rd. One equities research analyst has rated the stock with a Buy rating. Based on data from MarketBeat, the stock currently has an average rating of “Buy”.
Rumo Company Profile
Rumo SA is a Brazilian logistics company focused on rail transportation and integrated freight services. It moves agricultural commodities, including grains and sugar, as well as fuels, fertilizers and other goods, using railways, transshipment facilities and port terminals.
The company operates rail networks across several regions of Brazil, connecting major agricultural areas with domestic markets and export ports. Its logistics services support the movement of cargo from production sites to terminals and ports.
Rumo was established in 2008 and expanded significantly through its 2015 merger with América Latina Logística.
Read More
- Five stocks we like better than Rumo
- Wall Street May Be Making a Big Mistake With monday.com Stock
- Are These 2 Mid-Cap Growth Stocks Worth the Risk?
- Oklo Changes the Narrative: Does a Nuclear Stock Price Explosion Come Next?
- Cloudflare’s 20% Sell-Off May Have Created an Opening for Investors
Receive News & Ratings for Rumo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rumo and related companies with MarketBeat.com's FREE daily email newsletter.
