Roadrunner Transportation Systems (OTCMKTS:RRTS) Shares Up 0.9% – Here’s What Happened

Roadrunner Transportation Systems, Inc (OTCMKTS:RRTSGet Free Report) shot up 0.9% during trading on Wednesday . The company traded as high as $2.26 and last traded at $2.25. 2,400 shares were traded during mid-day trading, a decline of 90% from the average session volume of 24,421 shares. The stock had previously closed at $2.23.

Roadrunner Transportation Systems Stock Up 0.9%

The company’s 50-day moving average is $2.46 and its 200-day moving average is $3.23. The company has a debt-to-equity ratio of 5.57, a quick ratio of 1.11 and a current ratio of 1.11.

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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