Radiant Logistics (NASDAQ:RLGT) Upgraded at BidaskClub

BidaskClub upgraded shares of Radiant Logistics (NASDAQ:RLGT) from a sell rating to a hold rating in a research note published on Saturday, June 29th, BidAskClub reports.

NASDAQ RLGT traded up $0.10 during trading on Friday, hitting $5.33. The company had a trading volume of 199,136 shares, compared to its average volume of 393,277. Radiant Logistics has a one year low of $3.93 and a one year high of $7.33. The stock has a fifty day simple moving average of $6.02.

Radiant Logistics (NASDAQ:RLGT) last announced its quarterly earnings results on Thursday, May 9th. The company reported $0.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.08 by $0.03. The company had revenue of $206.05 million for the quarter, compared to analysts’ expectations of $234.84 million.

Radiant Logistics Company Profile

Radiant Logistics, Inc operates as a third-party logistics and multi-modal transportation services company primarily in the United States and Canada. The company offers domestic and international air and ocean freight forwarding services; and freight brokerage services, including truckload, less than truckload, and intermodal services.

Further Reading: Accumulation/Distribution

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