Roadrunner Transportation Systems Inc (NYSE:RRTS) insider Mary Beth Denooyer bought 6,000 shares of Roadrunner Transportation Systems stock in a transaction that occurred on Tuesday, October 1st. The stock was purchased at an average price of $27.69 per share, with a total value of $166,140.00.
Shares of NYSE RRTS traded up $0.26 during trading on Friday, reaching $9.96. 45,803 shares of the company traded hands, compared to its average volume of 44,930. The firm’s fifty day simple moving average is $9.73 and its 200 day simple moving average is $9.38. The stock has a market cap of $360.94 million, a P/E ratio of -0.10 and a beta of 1.49. Roadrunner Transportation Systems Inc has a 12-month low of $7.30 and a 12-month high of $23.75. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.46.
Roadrunner Transportation Systems (NYSE:RRTS) last released its quarterly earnings data on Wednesday, August 7th. The transportation company reported ($0.89) earnings per share for the quarter. The company had revenue of $480.69 million for the quarter, compared to analysts’ expectations of $531.50 million. Roadrunner Transportation Systems had a negative net margin of 12.95% and a negative return on equity of 111.48%. As a group, research analysts expect that Roadrunner Transportation Systems Inc will post -2.49 EPS for the current year.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. SG3 Management LLC purchased a new position in shares of Roadrunner Transportation Systems during the 1st quarter valued at about $11,235,000. JPMorgan Chase & Co. purchased a new position in shares of Roadrunner Transportation Systems during the 2nd quarter valued at about $159,000. Tower Research Capital LLC TRC purchased a new position in shares of Roadrunner Transportation Systems during the 2nd quarter valued at about $44,000. Finally, NJ State Employees Deferred Compensation Plan purchased a new position in shares of Roadrunner Transportation Systems during the 2nd quarter valued at about $611,000. Institutional investors and hedge funds own 94.69% of the company’s stock.
About Roadrunner Transportation Systems
Roadrunner Transportation Systems, Inc provides asset-right transportation and asset-light logistics services. The company operates through three segments: Truckload & Express Services (TES), Less-than-Truckload (LTL), and Ascent Global Logistics. The TES segment provides air and ground expedite, scheduled truckload, intermodal, temperature-controlled truckload, and other truckload and logistics services; and arranges the pickup and delivery of TES freight through its 35 TES service centers in the United States.
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