Rand Logistics (RLOG) Releases Quarterly Earnings, Beats Estimates By $0.08 EPS
Rand Logistics (NASDAQ:RLOG) released its earnings data on Thursday. The company reported $0.10 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.02 by $0.08, Stock Ratings Network.com reports. The company had revenue of $43.31 million for the quarter, compared to the consensus estimate of $45.46 million.
Rand Logistics (NASDAQ:RLOG) traded down 0.64% on Thursday, hitting $6.21. 500 shares of the company’s stock traded hands. Rand Logistics has a 1-year low of $4.66 and a 1-year high of $7.49. The stock’s 50-day moving average is $6.00 and its 200-day moving average is $6.38. The company’s market cap is $111.4 million.
Rand Logistics, Inc (NASDAQ:RLOG) is engaged in the shipping business.
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