Roadrunner Transportation Systems (OTCMKTS:RRTS) Shares Up 4.9% – Should You Buy?

Roadrunner Transportation Systems, Inc. (OTCMKTS:RRTSGet Free Report)’s stock price rose 4.9% on Thursday . The stock traded as high as $1.14 and last traded at $1.14. Approximately 600 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 4,706 shares. The stock had previously closed at $1.09.

Roadrunner Transportation Systems Stock Performance

The business’s 50-day simple moving average is $1.33 and its 200 day simple moving average is $1.33.

Roadrunner Transportation Systems Company Profile

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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.

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