Shares of CAI International Inc. (NYSE:CAI) traded today at $56.19, eclipsing its 52-week high. So far today approximately 97,000 shares have been exchanged, as compared to an average 30-day volume of 789,000 shares.
CAI International Inc is a global transportation finance and logistics company. It is organized into one segment namely Container leasing. The container leasing segment owns and leases containers and earns fees for managing container portfolios on behalf of third-party investors. The company operates across the United States, Switzerland, France, Korea, Singapore, and other parts of Asia and Europe. It offers various type of containers comprising Dry van containers, Refrigerated containers, open-top, flat-rack, palletwide and swapbody containers, roll trailers, and generator sets.
In the past 52 weeks, shares of CAI International Inc. have traded between a low of $16.63 and a high of $56.19 and is now at $56.09, which is 237% above that low price.
CAI International Inc. (NYSE:CAI) is currently priced 66.7% above its average consensus analyst price target of $18.66.
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