Roadrunner Transportation Systems Inc (NASDAQ:RRTS) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 3, 2016
Zacks Investment Research has upgraded Roadrunner Transportation Systems Inc (NASDAQ:RRTS) to Hold in a statement released on 10/4/2016.
Having a price of $7.85, Roadrunner Transportation Systems Inc (NASDAQ:RRTS) traded -1.63% lower on the day. With the last stock price down -12.77% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. RRTS has recorded a 50-day average of $8.12 and a two hundred day average of $9.00. Trade Volume was down over the average, with 118,643 shares of RRTS changing hands under the typical 248,328
Recent Performance Chart
Roadrunner Transportation Systems Inc has PE ratio of 13.15 with a one year low of $6.39 and a one year high of $19.22 and has a market capitalization of $0.
A total of 7 brokerages have issued a ratings update on Roadrunner Transportation Systems Inc. Two brokerages rating the company a strong buy, two brokerages rating the company a buy, five brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $16.57.
General Company Details For Roadrunner Transportation Systems Inc (NASDAQ:RRTS)
Roadrunner Transportation Systems, Inc. (RRTS) is an asset-light transportation and logistics service provider. The Company offers a suite of global supply chain solutions, including truckload logistics (TL), customized and expedited less-than-truckload (LTL), intermodal solutions (transporting a shipment by over one mode, primarily through rail and truck), freight consolidation, inventory management, expedited services, air freight, international freight forwarding, customs brokerage and transportation management solutions. The Company operates through three segments: Truckload Logistics, Less-than-Truckload and Global Solutions. The Company utilizes a third-party network of transportation providers, consisting of independent contractors (ICs) and purchased power providers, to serve a diverse customer base. It primarily focuses on small to mid-size shippers.
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