Stock Rating Upgrade
In the last week the Value Trend Rating for Radiant Logistics Inc (NYSEAMERICAN: RLGT) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Radiant Logistics Inc (NYSEAMERICAN: RLGT) stock declined slightly by -0.4% on 3/18/24. The stock closed at $5.30. Trading volume in this decline was normal. The stock has been weak relative to the market over the last nine months and has declined -4.7% during the last week.
Current PriceTarget Research Rating
RLGT’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Radiant Logistics has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Radiant Logistics has a slightly positive Appreciation Score of 64 but a poor Power Rating of 26, with the Low Neutral Value Trend Rating the result.
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