Roadrunner Transportation Systems (OTCMKTS:RRTS) Trading Up 0.9% - Time to Buy?

Key Points

• Roadrunner Transportation Systems shares increased by 0.9%, trading at $2.25, after reaching a high of $2.26 during the day.
• The volume of shares traded was significantly lower, at 2,400, which is a 90% decline from the average session volume of 24,421 shares.
• The company operates in the transportation sector, providing asset-right transportation and asset-light logistics services across four segments.

Roadrunner Transportation Systems, Inc (OTCMKTS:RRTS - Get Free Report) rose 0.9% during trading on Wednesday . The stock traded as high as $2.26 and last traded at $2.25. Approximately 2,400 shares traded hands during mid-day trading, a decline of 90% from the average daily volume of 24,421 shares. The stock had previously closed at $2.23.

Roadrunner Transportation Systems Stock Down 2.3%

The company's fifty day moving average price is $2.44 and its 200 day moving average price is $3.19. The company has a debt-to-equity ratio of 5.57, a current ratio of 1.11 and a quick ratio of 1.11.

About Roadrunner Transportation Systems

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.