Radiant Logistics, Inc. (NYSE:RLGT) could be one of the worst stocks that investors may not want to consider for their portfolio today as the company shares are trading 2.54% or 0.125 points down from last closing price of $4.92, reaching $4.795 at last check. Any clue why there is so much of action in the RLGT stock? The share price has dropped in 4 of the last 5 days and is down -22.27% over the past week. It will be exciting to see whether the stock manages to continue decreasing or take a minor break for the next few days. The move came on weak volume too with far less shares changing hands than in a normal session. Trading activity as of this writing weakened by -107,934 shares, and in total 70266 shares valued at $336925 were seen changing hands compared with 178200 shares valued at $876744 recorded at the previous session. You should take into consideration that a falling volume on lower prices shows the bearish trend but this is an early indication which means that the RLGT stock is near its bottom.
Radiant Logistics, Inc. (RLGT) shares have notched a 3-month decline of about -22.27%, but has still advanced 17.41% year to date. By comparison, the stock added 20.82% over the past 12 months, while it slipped -5.85% over the 1 month. The company’s market cap is around $255.59M, with its short interest ratio standing at 6.16%.
In the current trading session for RLGT, the stock witnessed two major price actions, it rose to a high of $4.99 and was down as much as $4.7802 at one point. The high recorded is very low when compared to their 52-week high which is $4.02. The 52-week high is now at -34.24 distance from current price. Their recent low of $7.33 represents a 19.9% recovery. This data is quite important for investors who look to benefit from the recent rise of the company’s stock. The price target currently for RLGT is $8.63, this is above the recent high that the stock attained. Taking a look at the overall sentimental views of financial analysts, the trading pattern of this stock recently is very clear.
The stock of Radiant Logistics, Inc. earned $0.27 per share in the trailing 12 months and has a P/E ratio of 17.76. You can compare it with that of similar companies in its industry to get a sense of whether the stock you’re looking to purchase is overvalued or undervalued. Its current price to earnings ratio is lower than the ones recorded by the industry which is 20.74 and lower compared to the sector’s average of 23.91. When the P/E ratio is low let’s say below 1.0, then the stock price is considered a good value. RLGT also has P/S multiple of 0.27. This is smaller versus the 12 month P/S ratios of other companies in the same indutry. The peer average price to sales ratio is 0.62x.
RLGT‘s last price was down -16.04% as compared to the average trading price of 50 days recorded at $5.71 while enlarging the period to 200 trading days, the average closing price was $5.71. At present, there are 51.22 million in the total number of common shares owned by the public and among those 35.81 million shares have been available to trade. The percentage of shares being held by the company management was 27.81% while institutions stake was 51.4%. The company has generated positive returns on equity over the last 12 months (10.7%). It managed to keep its gross profit margin at 25.1% over the past 12 months.
When assessing the full upside of the RLGT stock, there is another set of technicals that should be looked into and considered. Its -8.16% decline from moving average of $5.22 has brought about a negative sentiment when calculated over the last 20 days. The market has allocated a beta of 1.25 to the stock. With the beta been greater than one, this implies that the company shares are theoretically more volatile than the market, something that the traders definitely are keeping an eye on.
In the last five years, the EPS of the company has been roughly 1.7%. Though the percentage looks disappointing, extra tailwinds are emerging as looking out over a next 5-year period, with analysts estimating that their earnings will increase annually by 24.6%. The revenue of the company has risen at an average annualized rate of about 22.1 over the last five years. The company recently recorded an increase of 1%, but this figure is rather unattractive.