Radiant Logistics, Inc. (RLGT) was a big mover last session, as the company saw its shares rise over 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $3.00 to $3.14 in the past one-month time frame.
The company has seen no estimate revision over the past 30 days while the Zacks Consensus Estimate has not been in a trend either. Yesterday’s jump is encouraging though, so make sure to keep a close watch on this firm in the near future.
Radiant Logistics currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
However, some better-ranked stocks in the transportation sector include Alaska Air Group, Inc. (ALK), Avianca Holdings S.A. (AVH) and Dynagas LNG Partners LP (DLNG). All these have a Zacks Rank #1 (Strong Buy).
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