Roadrunner Transportation Systems (OTCMKTS:RRTS) Stock Price Up 17% – Should You Buy?

Roadrunner Transportation Systems, Inc (OTCMKTS:RRTSGet Free Report)’s stock price shot up 17% during mid-day trading on Monday . The company traded as high as $2.06 and last traded at $2.06. 30,333 shares were traded during mid-day trading, an increase of 233% from the average session volume of 9,096 shares. The stock had previously closed at $1.76.

Roadrunner Transportation Systems Stock Up 17.0%

The firm’s fifty day moving average is $2.21 and its 200 day moving average is $2.54.

About Roadrunner Transportation Systems

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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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