Radiant Logistics Inc. (RLGT) Soars 7.14% on January 17

Radiant Logistics Inc. (RLGT) Soars 7.14% on January 17

Radiant Logistics Inc. (RLGT) had a good day on the market for Thursday January 17 as shares jumped 7.14% to close at $5.10. About 167,320 shares traded hands on 1,342 trades for the day, compared with an average daily volume of 277,297 shares out of a total float of 49.46 million. After opening the trading day at $4.73, shares of Radiant Logistics Inc. stayed within a range of $5.20 to $4.73.

With today’s gains, Radiant Logistics Inc. now has a market cap of $252.24 million.

The stock has a P/E Ratio of 23.4. Shares of Radiant Logistics Inc. have been trading within a range of $6.15 and $3.46 over the last year, and it had a 50-day SMA of $5.06 and a 200-day SMA of $4.51.

Radiant Logistics Inc operates as a third-party logistics company, providing multi-modal transportation and logistics services primarily to customers based in the United States and Canada. The company offers domestic and international air and ocean freight forwarding services and freight brokerage services including truckload services, less than truckload (LTL) services, and intermodal services. The company has two operating segments: the United States and Canada. Maximum revenue is generated in the United States.

Radiant Logistics Inc. is based out of Bellevue, WA and has some 728 employees. Its CEO is Bohn H. Crain.

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