Roadrunner Transportation Systems (OTCMKTS:RRTS) Stock Price Down 0.4% - What's Next?

Key Points

• Shares fell 0.4%, last trading at $2.55 after hitting a low of $2.50 on very light volume of 1,625 shares, about 70% below the average session volume.
• The stock is trading below its 50-day simple moving average of $2.84 and roughly in line with its 200-day simple moving average of $2.50.
• Roadrunner is a non-asset-based U.S. transportation and logistics provider specializing in LTL brokerage, intermodal drayage and cross-border freight across North America.

Shares of Roadrunner Transportation Systems, Inc (OTCMKTS:RRTS - Get Free Report) traded down 0.4% on Monday . The stock traded as low as $2.50 and last traded at $2.55. 1,625 shares changed hands during mid-day trading, a decline of 70% from the average session volume of 5,395 shares. The stock had previously closed at $2.56.

Roadrunner Transportation Systems Price Performance

The business has a 50 day simple moving average of $2.84 and a 200-day simple moving average of $2.50.

About Roadrunner Transportation Systems

Roadrunner Transportation Systems, Inc OTCMKTS: RRTS is a U.S.-based transportation and logistics provider specializing in less-than-truckload (LTL) freight brokerage and multi-modal logistics services. Operating as a non-asset-based carrier, the company leverages an extensive network of third-party carriers and service centers to offer flexible shipping solutions tailored to shippers of all sizes. Its core offerings include LTL brokerage, intermodal drayage, cross-border freight between the United States, Mexico and Canada, and dedicated truckload services.

Since its founding in 1985, Roadrunner has built a network model that connects shippers with capacity across North America, focusing on efficient hub-and-spoke consolidation and rapid shipment delivery.

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