Roadrunner Transportation Systems Inc (NASDAQ:RRTS) shares shot up 5.3% during mid-day trading on Friday . The company traded as high as $7.79 and last traded at $7.73, with a volume of 254,254 shares trading hands. The stock had previously closed at $7.34.

A number of research firms have issued reports on RRTS. Stifel Nicolaus decreased their target price on Roadrunner Transportation Systems from $14.00 to $12.00 and set a “buy” rating on the stock in a research report on Thursday, July 28th. Deutsche Bank AG set a $12.00 target price on Roadrunner Transportation Systems and gave the company a “buy” rating in a research report on Thursday, July 21st. Finally, Zacks Investment Research cut Roadrunner Transportation Systems from a “hold” rating to a “sell” rating in a research report on Wednesday, July 13th.

The firm has a 50 day moving average of $7.99 and a 200-day moving average of $9.71. The stock has a market cap of $294.69 million and a P/E ratio of 12.88.

Roadrunner Transportation Systems (NASDAQ:RRTS) last posted its quarterly earnings results on Wednesday, July 27th. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.24 by $0.19. The firm earned $483.40 million during the quarter, compared to the consensus estimate of $498.72 million. The business’s revenue for the quarter was down 6.7% compared to the same quarter last year. During the same period last year, the firm earned $0.42 EPS. On average, equities analysts anticipate that Roadrunner Transportation Systems Inc will post $0.62 EPS for the current year.

Roadrunner Transportation Systems, Inc (RRTS) is an asset-light transportation and logistics service provider. The Company offers a suite of global supply chain solutions, including truckload logistics (TL), customized and expedited less-than-truckload (LTL), intermodal solutions (transporting a shipment by over one mode, primarily through rail and truck), freight consolidation, inventory management, expedited services, air freight, international freight forwarding, customs brokerage and transportation management solutions.

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