RLGT - Shares of Radiant Logistics Inc. (RLGT) Rise to a New 52-Week High
Shares of Radiant Logistics Inc. (NYSE American:RLGT) traded today at $7.75, eclipsing its 52-week high. So far today approximately 256,000 shares have been exchanged, as compared to an average 30-day volume of 172,000 shares.
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.
Radiant Logistics Inc. (NYSE American:RLGT) defies analysts with a current price ($7.69) 16.2% above its average consensus price target of $6.45.
In the past 52 weeks, shares of Radiant Logistics Inc. have traded between a low of $3.18 and a high of $7.75 and is now at $7.69, which is 142% above that low price.
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