Roadrunner Transportation Systems Inc (NYSE:RRTS)
April 16th, 2019
Amidst rising markets Roadrunner Transportation Systems Inc fell ($0.89) Tuesday, down 8.48%, closing at $9.60. While the stock did drop today, remember that it is still trading at 2,241.46% of its 52 week low of $0.41.
RRTS was outperformed by the rest of the Industrials sector which went up 0.59%.
Expectations from 1 analyst points to the possibility that Roadrunner Transportation Systems Inc might go up significantly (42.99%), while Finbox has calculated (with high uncertainty) a fair value price of $11.30.
The market sectors were mixed Tuesday with a majority of the sectors trending up. Financials saw the biggest increase of the day (1.37%), while Real Estate saw the biggest drop (-2.38%). Information Technology has seen the biggest year-to-date gain at 23.78%.
Energy saw the biggest turnaround from its 5-day performance of -1.22%, as it went up 0.64%. Real Estate and Utilities experienced turn arounds from their five day positive performance, Real Estate with a drop of -2.38%.
- Financials went up with a 1.37% change.
- Energy went up with a 0.64% change.
- Industrials went up with a 0.59% change.
- Information Technology went up with a 0.49% change.
- Consumer Discretionary went up with a 0.48% change.
- Materials went up with a 0.47% change.
- Communication Services went up with a 0.21% change.
- Consumer Staples went down with a -0.06% change.
- Utilities went down with a -1.39% change.
- Healthcare went down with a -2.03% change.
- Real Estate went down with a -2.38% change.
Roadrunner Transportation Systems Inc Info
Roadrunner Transportation Systems, Inc. provides asset-right transportation and asset-light logistics services. The company operates through three segments: Truckload & Express Services (TES), Less-than-Truckload (LTL), and Ascent Global Logistics. The TES segment provides air and ground expedite, scheduled truckload, intermodal, temperature-controlled truckload, and other truckload and logistics services; and arranges the pickup and delivery of TES freight through its 35 TES service centers in the United States. It also offers temperature-controlled, dry van, intermodal drayage and chassis management, and flatbed services; and specializes in the transport of automotive and industrial parts, paper products and steel, and frozen and refrigerated foods, including dairy, poultry, meat, and beverages, as well as on-demand ground and air expedited services. The LTL segment is involved in the pickup, consolidation, linehaul, deconsolidation, and delivery of LTL shipments in the United States and Canada through 40 LTL service centers and approximately 150 third-party delivery agents. The Ascent Global Logistics segment offers domestic and international transportation and logistics solutions; 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 segment also provides international air and ocean freight forwarding, customs brokerage, regulatory compliance, project management, warehousing, and retail consolidation services. It operates through a network of approximately 50 independent brokerage agents, direct sales force, company brokers, and sales representatives. The company offers its services under the Roadrunner, Active On-Demand, and Ascent Global Logistics brands. Roadrunner Transportation Systems, Inc. is headquartered in Downers Grove, Illinois.
All amounts in USD unless otherwise indicated
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