Pioneer Railcorp (OTCMKTS:PRRR – Get Free Report) shot up 0.2% during trading on Friday. The company traded as high as $18.80 and last traded at $18.80. Approximately 1,300 shares traded hands during mid-day trading, The stock had previously closed at $18.76.
Pioneer Railcorp Stock Performance
The stock’s 50 day simple moving average is $18.80 and its two-hundred day simple moving average is $18.80.
Pioneer Railcorp Company Profile
Pioneer Railcorp is a short-line railroad holding company that historically owned and operated regional freight railroads in the United States. Its rail operations served shippers that required connections to larger Class I railroads, ports, and industrial markets.
The company’s activities included transporting freight over short-line routes, providing rail switching services, and supporting industrial customers with rail access. Its affiliated railroads handled commodities such as agricultural products, minerals, forest products, and manufactured goods, depending on the markets served by each line.
Pioneer Railcorp was established in 1986 and expanded through the acquisition and operation of short-line and regional rail properties.
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