Shares of Roadrunner Transportation Systems, Inc (OTCMKTS:RRTS – Get Free Report) shot up 4.9% on Tuesday. The stock traded as high as $2.8860 and last traded at $2.8860. 100 shares changed hands during mid-day trading, a decline of 98% from the average daily volume of 4,883 shares. The stock had previously closed at $2.75.
Roadrunner Transportation Systems Stock Performance
The stock has a 50 day moving average price of $3.44 and a two-hundred day moving average price of $3.85.
Roadrunner Transportation Systems Company Profile
Roadrunner Transportation Systems, Inc is a transportation and logistics company that provides less-than-truckload (LTL) freight services in North America. Through its Roadrunner Freight business, the company arranges the movement of palletized and other shipments that are too large for parcel delivery but do not require a full truck.
The company’s services include freight pickup and delivery, shipment consolidation, transportation management, brokerage and logistics support. Its asset-light operating model relies on a network of carrier partners and transportation providers, while technology and logistics personnel help coordinate routing, tracking and delivery for business customers.
Roadrunner Transportation Systems was founded in 2005 and historically operated a broader portfolio that included truckload, intermodal, expedited transportation and logistics services.
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