csx stock prices prediction july 2011

csx stock prices prediction july 2011 ; CSX Corporation (NYSE:CSX) hit a new 52-week high Friday as it is currently trading at $26.84, above its previous 52-week high of $26.81 with 4.2 million shares traded as of 1:16 p.m. ET. Average volume has been 10.1 million shares over the past 30 days.

CSX has a market cap of $28.4 billion and is part of the services sector and transportation industry. Shares are up 21.7% year to date as of the close of trading on Thursday.

CSX Corporation, together with its subsidiaries, provides rail-based transportation services. The company offers traditional rail service, and the transport of intermodal containers and trailers. The company has a P/E ratio of 17.8, equal to the average transportation industry P/E ratio and equal to the S&P 500 P/E ratio of 17.7.

The Street Ratings rates CSX as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full CSX Ratings Report. For the latest updates PRESS CTR + D or visit Stock Market news Today

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