CAI - Shares of CAI International Inc. (CAI) Have Risen Above Previous 52-Week High

CAI International Inc. (NYSE:CAI) traded at a new 52-week high today of $55.79. This new high was reached on above average trading volume as 3.5 million shares traded hands, while the average 30-day volume is approximately 170,000 shares.

CAI International Inc. (NYSE:CAI) is currently priced 77.2% above its average consensus analyst price target of $12.72.

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.

CAI International Inc. share prices have moved between a 52-week high of $55.79 and a 52-week low of $15.51 and are now trading 259% above that low price at $55.71 per share.

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