Roadrunner Transportation Systems (RRTS) Shares Traded Up -3.7%

Roadrunner Transportation Systems (RRTS) Shares Traded Up -3.7%

Roadrunner Transportation Systems Inc (NYSE:RRTS) shares rose 3.7% during mid-day trading on Monday . The company traded as high as $0.83 and last traded at $0.79. Approximately 4,238 shares were traded during trading, a decline of 99% from the average daily volume of 624,590 shares. The stock had previously closed at $0.82.

The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 3.80.

Roadrunner Transportation Systems (NYSE:RRTS) last announced its quarterly earnings data on Wednesday, August 8th. The transportation company reported ($0.99) earnings per share (EPS) for the quarter. The company had revenue of $558.03 million for the quarter. Roadrunner Transportation Systems had a negative net margin of 4.48% and a negative return on equity of 117.44%.

A number of large investors have recently made changes to their positions in RRTS. Los Angeles Capital Management & Equity Research Inc. purchased a new position in Roadrunner Transportation Systems during the second quarter valued at $102,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in Roadrunner Transportation Systems during the second quarter valued at $115,000. Jane Street Group LLC purchased a new position in Roadrunner Transportation Systems during the first quarter valued at $151,000. Amica Retiree Medical Trust purchased a new position in Roadrunner Transportation Systems during the second quarter valued at $159,000. Finally, LMR Partners LLP purchased a new position in Roadrunner Transportation Systems during the second quarter valued at $181,000. Institutional investors and hedge funds own 58.73% of the company’s stock.

About Roadrunner Transportation Systems (NYSE:RRTS)

Roadrunner Transportation Systems, Inc engages in the provision of logistics services. It operates through the following segments: Truckload Logistics, Less-than-Truckload, and Ascent Global Logistics. The Truckload Logistics segment manages pickup and delivery of truckload, intermodal, and ground and air expedited freight.

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