Roadrunner Transportation Systems Inc (NASDAQ:RRTS) shares traded up 3% during mid-day trading on Tuesday . The stock traded as high as $8.37 and last traded at $8.36, with a volume of 82,485 shares traded. The stock had previously closed at $8.12.

Several research analysts recently issued reports on the stock. Zacks Investment Research downgraded shares of Roadrunner Transportation Systems from a “hold” rating to a “sell” rating in a research report on Wednesday, July 13th. Deutsche Bank AG set a $12.00 target price on shares of Roadrunner Transportation Systems and gave the company a “buy” rating in a research report on Thursday, July 21st. Finally, Stifel Nicolaus cut their target price on shares of 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.

The firm has a market cap of $320.41 million and a P/E ratio of 14.00. The stock’s 50-day moving average price is $8.13 and its 200-day moving average price is $9.64.

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

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.