ValuEngine Downgrades Roadrunner Transportation Systems (RRTS) to Sell
Roadrunner Transportation Systems (NYSE:RRTS) was downgraded by equities research analysts at ValuEngine from a “hold” rating to a “sell” rating in a report released on Saturday.
NYSE RRTS opened at $0.51 on Friday. The company has a debt-to-equity ratio of 3.80, a quick ratio of 1.43 and a current ratio of 1.43. Roadrunner Transportation Systems has a 1-year low of $0.41 and a 1-year high of $9.46.
Roadrunner Transportation Systems (NYSE:RRTS) last released its earnings results on Wednesday, August 8th. The transportation company reported ($0.99) earnings per share for the quarter. The firm had revenue of $558.03 million during the quarter. Roadrunner Transportation Systems had a negative net margin of 4.48% and a negative return on equity of 117.44%.
About Roadrunner Transportation Systems
Roadrunner Transportation Systems, Inc provides asset-right transportation and asset-light logistics services. The company operates through three segments: Truckload Logistics (TL), Less-than-Truckload (LTL), and Ascent Global Logistics. The TL segment arranges pickup and delivery of truckload, intermodal, and ground and air expedited freight through its 41 TL service centers, 40 company brokers, and approximately 90 independent brokerage agents in the United States, Mexico, and Canada.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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