Stadler Rail (OTC:SRAIF) Cut to Neutral at JPMorgan Chase & Co.

JPMorgan Chase & Co. downgraded shares of Stadler Rail (OTC:SRAIF – Get Rating) from an overweight rating to a neutral rating in a research note released on Thursday, The Fly reports.

Stadler Rail Price Performance

OTC SRAIF opened at $35.80 on Thursday. The company’s fifty day simple moving average is $33.97 and its 200-day simple moving average is $33.10. Stadler Rail has a 52 week low of $25.92 and a 52 week high of $42.35.

About Stadler Rail

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Stadler Rail AG, through its subsidiaries, engages in the manufacture and sale of trains in Switzerland, Germany, Austria, Western and Eastern Europe, the Americas, the CIS countries, and internationally. It operates through two segments, Rolling Stock; and Service and Components. The company's Rolling Stock segment manufactures high-speed and intercity trains, suburban and regional transport trains, passenger coaches, light rails, trams, and metros locomotives, as well as city transport and tailor-made vehicles.