Fortress Transprtn and Infr Investrs LLC (NYSE:FTAI) saw unusually-strong trading volume on Tuesday . Approximately 974,306 shares traded hands during mid-day trading, an increase of 431% from the previous session’s volume of 183,379 shares.The stock last traded at $15.78 and had previously closed at $15.09.
Several research analysts recently commented on the stock. TheStreet downgraded shares of Fortress Transprtn and Infr Investrs from a “b-” rating to a “c+” rating in a research note on Thursday, February 7th. Zacks Investment Research raised shares of Fortress Transprtn and Infr Investrs from a “hold” rating to a “strong-buy” rating and set a $17.00 price target on the stock in a research note on Friday, January 4th. Finally, ValuEngine downgraded shares of Fortress Transprtn and Infr Investrs from a “buy” rating to a “hold” rating in a research note on Friday, November 16th.
The company has a market capitalization of $1.25 billion, a P/E ratio of 131.50 and a beta of 1.26.
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About Fortress Transprtn and Infr Investrs (NYSE:FTAI)
Fortress Transportation and Infrastructure Investors LLC owns and acquires infrastructure and related equipment for the transportation of goods and people in Africa, Asia, Europe, North America, and South America. It operates in six segments: Aviation Leasing, Offshore Energy, Shipping Containers, Jefferson Terminal, Railroad, and Ports and Terminals.
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