A statement released earlier today by Zacks Investment Research about Radiant Logistics Inc (NYSE:RLGT) ups the target price to $2.75
- Updated: October 12, 2016
Having a price of $2.53, Radiant Logistics Inc (NYSE:RLGT) traded 0.40% higher on the day. With the last close down -21.95% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Radiant Logistics Inc has recorded a 50-day average of $2.79 and a two hundred day average of $3.24. Volume of trade was down over the average, with 35,539 shares of RLGT changing hands under the typical 123,052
Reporting a potential upside of 0.09%, Zacks Investment Research upped the price target of Radiant Logistics Inc (NYSE:RLGT) to $2.75
With a total market value of $0, Radiant Logistics Inc has with a one year low of $2.45 and a one year high of $4.41 .
More About Radiant Logistics Inc (NYSE:RLGT)
Radiant Logistics, Inc. operates as a third-party logistics company, providing multi-modal transportation and logistics services. The Company is organized in two geographic operating segments: United States and Canada. Its transportation services for both the United States and Canada segments are placed into categories of freight forwarding and freight brokerage services. The Company services an account base consisting of consumer goods, food and beverage, manufacturing and retail customers, which the Company supports from a network of operating locations, as well as an integrated international service partner network. As of June 30, 2016, it provided these services through a multi-brand network, including 18 Company-owned offices. As of June 30, 2016, it had approximately 10,000 asset-based transportation companies, including motor carriers, railroads, airlines and ocean lines in its carrier network. Its brands include Radiant, Wheels, Airgroup, Adcom, DBA and Service By Air.
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