Roadrunner Transportation Systems Stock Gaps Up On Today's Open (RRTS)
Shares of Roadrunner Transportation Systems (NYSE:RRTS) were gapping up Thursday morning with an open price 13% higher than Wednesday's closing price. The stock closed at $15.80 yesterday and opened today's trading at $17.85.
NEW YORK ( TheStreet) -- Shares of Roadrunner Transportation Systems (NYSE: RRTS) were gapping up Thursday morning with an open price 13% higher than Wednesday's closing price. The stock closed at $15.80 Wednesday and opened today's trading at $17.85. The average volume for Roadrunner Transportation Systems has been 94,700 shares per day over the past 30 days. Roadrunner Transportation Systems has a market cap of $466.7 million and is part of the services sector and transportation industry. Shares are up 11.8% year to date as of the close of trading on Wednesday. Roadrunner Transportation Systems, Inc. operates as a non-asset based transportation and logistics service company. The company has a P/E ratio of 21.2, above the average transportation industry P/E ratio of 2.3 and above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Roadrunner Transportation Systems as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and poor profit margins. You can view the full Roadrunner Transportation Systems Ratings Report. Get more investment ideas from our investment research center. Interested in other stocks that are gapping up? Get free SMS text alerts sent to you when the action happens by texting UP to 95370 or select from multiple alert options.