Radiant Logistics (NASDAQ:RLGT) Downgraded to “Sell” at BidaskClub

BidaskClub cut shares of Radiant Logistics (NASDAQ:RLGT) from a hold rating to a sell rating in a report released on Saturday, BidAskClub reports.

RLGT opened at $5.90 on Friday. The business has a fifty day moving average price of $6.47. Radiant Logistics has a 12-month low of $3.83 and a 12-month high of $7.33.

Radiant Logistics (NASDAQ:RLGT) last posted its quarterly earnings data on Thursday, May 9th. The company reported $0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.08 by $0.03. The firm had revenue of $206.05 million during the quarter, compared to the consensus estimate of $234.84 million.

About Radiant Logistics

Radiant Logistics, Inc operates as a third-party logistics and multi-modal transportation services company primarily in the United States and Canada. The company offers domestic and international air and ocean freight forwarding services; and freight brokerage services, including truckload, less than truckload, and intermodal services.

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