Roadrunner Transportation Systems (OTCMKTS:RRTS) Stock Price Up 0.9% - Here's What Happened

Key Points

• Roadrunner Transportation Systems shares increased by 0.9% on Thursday, trading at $2.44.
• The trading volume was approximately 5,100 shares, significantly down from the average daily volume of 20,693 shares.
• Roadrunner offers a range of services, including asset-right transportation and asset-light logistics solutions through various operational segments.

Shares of Roadrunner Transportation Systems, Inc (OTCMKTS:RRTS - ) rose 0.9% on Thursday . The stock traded as high as $2.44 and last traded at $2.44. Approximately 5,100 shares traded hands during mid-day trading, a decline of 75% from the average daily volume of 20,693 shares. The stock had previously closed at $2.42.

Roadrunner Transportation Systems Stock Performance

The firm has a 50 day moving average of $2.36 and a 200 day moving average of $2.93.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.