CAI International Inc. (NYSE:CAI) traded up 5.6% during mid-day trading on Tuesday . The company traded as high as $9.23 and last traded at $9.07, with a volume of 59,335 shares trading hands. The stock had previously closed at $8.59.

Several equities research analysts have recently weighed in on CAI shares. Zacks Investment Research downgraded CAI International from a “hold” rating to a “strong sell” rating in a report on Thursday, May 5th. Cowen and Company reiterated a “market perform” rating and issued a $10.00 price target (up from $6.00) on shares of CAI International in a report on Wednesday, May 4th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company. CAI International presently has an average rating of “Hold” and a consensus target price of $34.25.

The stock has a 50-day moving average of $7.89 and a 200 day moving average of $8.07. The stock has a market cap of $175.03 million and a P/E ratio of 9.14.

CAI International (NYSE:CAI) last issued its earnings results on Tuesday, May 3rd. The company reported $0.36 EPS for the quarter, missing analysts’ consensus estimates of $0.45 by $0.09. During the same period in the prior year, the firm posted $0.64 EPS. The company had revenue of $67 million for the quarter, compared to analysts’ expectations of $66.30 million. The company’s quarterly revenue was up 14.5% on a year-over-year basis. Equities analysts expect that CAI International Inc. will post $1.59 EPS for the current year.

CAI International, Inc is a transportation finance and logistics company. The Company purchases equipment, which it leases primarily to container shipping lines, freight forwarders and other transportation companies. The Company operates through three segments: container leasing, rail leasing and logistics.

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