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Friday, March 28, 2014

Future Prospects of Investing in CSX Corporation





The CSX Corporation is mainly a transportation equipment supplying company. The company has many subsidiaries. The company mainly provides rail-based transportation services, which include trailers, transport of intermodal containers, and the traditional rail service. The main subsidiary of the company is the CSX Transportation, which is responsible for providing the link to the transportation. The expanded business of the company has led to make enhanced profits since the last decade. The current market value of the CSX stocks also testifies that. The CSX stock price today is $28.27 with an average change of -1.33%. The 52-week high and low prices of the stocks of the company are $29.44 and $22.40 respectively. The average volume of the stocks that is being traded in the stock exchanges is 1,569,822.
The CSX stock price history suggests that stock price has remained the same in the end of the current quarter. The price did fall to a lower level in the beginning of February 2014, but it recovered sooner. Similarly, the price since the last year has gone up to the current level from $24.56. In the 5-year period it has also seen a rise of 230%. This shows that CSX stocks are in higher demand and investors will get a lot of benefits if they invest in this company.

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