Radiant Logistics (RLGT) Boosted to “Hold” at BidaskClub

Radiant Logistics (RLGT) Boosted  to “Hold” at BidaskClub

BidaskClub upgraded shares of Radiant Logistics (NASDAQ:RLGT) from a sell rating to a hold rating in a report published on Friday.

Separately, Seaport Global Securities reiterated a buy rating on shares of Radiant Logistics in a report on Monday, February 4th.

NASDAQ:RLGT traded up $0.20 during midday trading on Friday, hitting $5.40. The company’s stock had a trading volume of 164,966 shares, compared to its average volume of 216,478. Radiant Logistics has a fifty-two week low of $3.46 and a fifty-two week high of $6.15.

Radiant Logistics (NASDAQ:RLGT) last issued its quarterly earnings results on Thursday, November 8th. The company reported $0.11 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.09 by $0.02. The business had revenue of $218.88 million during the quarter, compared to analyst estimates of $238.48 million.

About Radiant Logistics

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.

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