Strength Seen in Radiant Logistics (RLGT): Stock Up 10.6% – Tale of the Tape

Zacks

Radiant Logistics, Inc. (RLGT) was a big mover last session, as the company saw its shares rise nearly 11% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company, as the stock has gained nearly 20% in the past one-month time frame.
This non-asset based transportation and logistics service provider has seen no estimate revisions in the last 30 days. The Zacks Consensus Estimate has also remained unchanged over the same time frame. Yesterday’s rally 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 #3 (Hold) while its Earnings ESP is 0.00%.
Investors looking for well-positioned stocks in the transportation sector may consider Atlas Air Worldwide Holdings, Inc. (AAWW), Air Transport Services Group, Inc. (ATSG) and CH Robinson Worldwide Inc. (CHRW). All these stocks carry a Zacks Rank #2 (Buy).
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