Rumo (OTCMKTS:RUMOF – Get Free Report) is expected to release its results after the market closes on Wednesday, August 12th. Analysts expect Rumo to announce earnings of $0.0609 per share and revenue of $754.97 million for the quarter.
Rumo Stock Performance
OTCMKTS RUMOF opened at $3.80 on Wednesday. Rumo has a one year low of $3.80 and a one year high of $4.57. The company’s 50 day moving average price is $3.80 and its 200 day moving average price is $3.80.
About Rumo
Rumo SA is a Brazil-based logistics company primarily engaged in the operation of freight railways and intermodal transportation services. The company’s core business involves the transportation of agricultural commodities, industrial goods and bulk cargo across its extensive rail network. Through dedicated rail corridors and integrated terminal facilities, Rumo provides end-to-end logistics solutions that include loading, hauling and transshipment of products for both domestic distribution and export markets.
Formed following the acquisition and subsequent consolidation of rail assets previously held by América Latina Logística, Rumo launched as an independent publicly traded entity in 2016.
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