Rumo SA traded at 22.71 this Friday August 11th, decreasing 1.27 or 5.30 percent since the previous trading session. Looking back, over the last four weeks, Rumo lost 0.31 percent. Over the last 12 months, its price rose by 17.18 percent. Looking ahead, we forecast Rumo SA to be priced at 22.13 by the end of this quarter and at 20.48 in one year, according to Trading Economics global macro models projections and analysts expectations.
Rumo SA is a Brazil-based company primarily engaged in the cargo transportation sector. Through its subsidiaries, the Company operates in the rail transportation segment in the Southern and the Midwest regions of Brazil, with rail network that consists of five concessions with approximately 13,500 km of railroad tracks. Rumo SA manages also transshipment terminals located in the states of Mato Grosso, Sao Paulo, Parana, and Rio Grande do Sul, as well as port elevation in terminal in Porto de Santos. In addition, through Brado Logistica e Participacoes SA, it is engaged in container operations. The Company offers transportation of agricultural commodities, fuel and final goods, intermodal freight transport, integrated warehousing services, port operations and handling of merchandises, among others.