Radiant Logistics Inc (NYSE:RLGT) was upgraded by TheStreet from a “sell” rating to a “hold” rating in a research note issued to investors on Monday.

Separately, Zacks Investment Research cut Radiant Logistics from a “buy” rating to a “hold” rating in a research note on Friday, November 4th.

Radiant Logistics (NYSE:RLGT) traded up 3.39% during mid-day trading on Monday, reaching $3.66. The company’s stock had a trading volume of 122,239 shares. The firm has a 50-day moving average of $2.81 and a 200 day moving average of $3.05. Radiant Logistics has a 1-year low of $2.45 and a 1-year high of $4.41. The firm’s market capitalization is $178.56 million.

Radiant Logistics (NYSE:RLGT) last announced its earnings results on Wednesday, November 9th. The company reported $0.08 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.04 by $0.04. The firm had revenue of $195.10 million for the quarter, compared to the consensus estimate of $202.44 million. The firm’s quarterly revenue was down 9.5% compared to the same quarter last year. Equities analysts expect that Radiant Logistics will post $0.18 earnings per share for the current year.

In related news, CEO Bohn H. Crain bought 51,005 shares of Radiant Logistics stock in a transaction dated Tuesday, September 20th. The stock was acquired at an average cost of $2.50 per share, with a total value of $127,512.50. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Large investors have recently made changes to their positions in the stock. California State Teachers Retirement System increased its stake in shares of Radiant Logistics by 1.0% in the third quarter. California State Teachers Retirement System now owns 79,974 shares of the company’s stock valued at $227,000 after buying an additional 800 shares in the last quarter. Teachers Advisors Inc. increased its stake in shares of Radiant Logistics by 17.3% in the second quarter. Teachers Advisors Inc. now owns 53,030 shares of the company’s stock valued at $159,000 after buying an additional 7,817 shares in the last quarter. BlackRock Inc. increased its stake in shares of Radiant Logistics by 30.9% in the third quarter. BlackRock Inc. now owns 36,389 shares of the company’s stock valued at $103,000 after buying an additional 8,590 shares in the last quarter. BB&T Securities LLC increased its stake in shares of Radiant Logistics by 14.8% in the second quarter. BB&T Securities LLC now owns 86,225 shares of the company’s stock valued at $258,000 after buying an additional 11,142 shares in the last quarter. Finally, Teachers Advisors LLC increased its stake in shares of Radiant Logistics by 22.7% in the third quarter. Teachers Advisors LLC now owns 65,070 shares of the company’s stock valued at $185,000 after buying an additional 12,040 shares in the last quarter.

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About Radiant Logistics

Radiant Logistics, Inc is a third party logistics company. The Company provides multi-modal transportation and logistics services primarily in the United States and Canada. The Company operates in two geographic operating segments: U.S. and Canada. The Company services an account base consisting of consumer goods, food and beverage, manufacturing and retail customers through a multibrand network consisting of approximately 31 Company owned offices and 128 locations operated by its independent agents, as well as an integrated international service partner network located in other markets around the globe.

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