Roadrunner Transportation Systems (OTCMKTS:RRTS) Trading Down 7.3% – What’s Next?

Roadrunner Transportation Systems, Inc. (OTCMKTS:RRTSGet Free Report)’s share price dropped 7.3% on Monday . The company traded as low as $4.06 and last traded at $4.06. Approximately 4,752 shares were traded during mid-day trading, a decline of 61% from the average daily volume of 12,042 shares. The stock had previously closed at $4.38.

Roadrunner Transportation Systems Price Performance

The business’s 50-day simple moving average is $4.77 and its two-hundred day simple moving average is $3.02.

Roadrunner Transportation Systems Company Profile

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Roadrunner Transportation Systems, Inc provides asset-right transportation and asset-light logistics services. It operates through four segments: Ascent Transportation Management (Ascent TM), Ascent On-Demand (Ascent OD), Less-than-Truckload (LTL), and Truckload (TL). The company offers domestic freight management solutions, including asset-backed truckload brokerage, specialized/heavy haul, LTL shipment execution, LTL carrier rate negotiations, access to its transportation management system, and freight audit/payment.

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