RLGT - Radiant Logistics Inc.: The Winning Streak Continues (RLGT)
Shares of Radiant Logistics Inc. (NYSE American:RLGT) traded today at $8.49, eclipsing its 52-week high. This new high was reached on approximately average trading volume as 234,000 shares traded hands, while the average 30-day volume is approximately 186,000 shares.
Based on a current price of $8.43, Radiant Logistics Inc. is currently 1.2% above its average consensus analyst price target of $8.33.
Radiant Logistics Inc operates as a third-party logistics company, providing multi-modal transportation and logistics services primarily to customers based in the United States and Canada. The company offers domestic and international air and ocean freight forwarding services and freight brokerage services including truckload services, less than truckload (LTL) services, and intermodal services. The company has two operating segments: the United States and Canada. Maximum revenue is generated in the United States.
Over the past year, Radiant Logistics Inc. has traded in a range of $5.35 to $8.49 and is now at $8.43, 58% above that low.
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