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Roadrunner Transportation Systems (OTCMKTS:RRTS) Shares Down 7.5% - What's Next?

Roadrunner Transportation Systems logo with Transportation background

Roadrunner Transportation Systems, Inc (OTCMKTS:RRTS - Get Free Report) shares dropped 7.5% during mid-day trading on Thursday . The company traded as low as $2.62 and last traded at $2.71. Approximately 8,352 shares changed hands during mid-day trading, an increase of 92% from the average daily volume of 4,344 shares. The stock had previously closed at $2.93.

Roadrunner Transportation Systems Price Performance

The business has a 50 day simple moving average of $3.19 and a 200-day simple moving average of $3.67. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 5.57.

Roadrunner Transportation Systems Company Profile

(Get Free Report)

Roadrunner Transportation Systems, Inc provides asset-right transportation and asset-light logistics services. It operates through four segments: Ascent Transportation Management (Ascent TM), Ascent On-Demand (Ascent OD), Less-than-Truckload (LTL), and Truckload (TL). The company offers domestic freight management solutions, including asset-backed truckload brokerage, specialized/heavy haul, LTL shipment execution, LTL carrier rate negotiations, access to its transportation management system, and freight audit/payment.

Further Reading

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