Radiant Logistics, Inc’s recently made public that its Chief Commercial Officer Goldstein Arnold unloaded Company’s shares for reported $67843.0 on Sep 30 ’24. In the deal valued at $6.41 per share,10,584 shares were sold. As a result of this transaction, Goldstein Arnold now holds 12,277 shares worth roughly $85325.15000000001.
Then, Goldstein Arnold bought 10,584 shares, generating $67,857 in total proceeds.
Before that, Goldstein Arnold sold 12,404 shares. Radiant Logistics, Inc shares valued at $68,597 were divested by the Chief Commercial Officer at a price of $5.53 per share. As a result of the transaction, Goldstein Arnold now holds 10,584 shares, worth roughly $73558.8.
A number of analysts have revised their coverage, including Vertical Research’s analysts, who began to cover the stock in late March with a ‘”a Buy”‘ rating. The Benchmark Company began covering RLGT with “Buy” recommendation on February 28, 2020. Cowen maintained its rating on February 10, 2017. It rated RLGT as “an Outperform”.
Price Performance Review of RLGT
On Friday, Radiant Logistics, Inc [AMEX:RLGT] saw its stock jump 2.06% to $6.95. Over the last five days, the stock has gained 7.25%. Radiant Logistics, Inc shares have risen nearly 3.73% since the year began. Nevertheless, the stocks have risen 11.38% over the past one year. While a 52-week high of $7.78 was reached on 01/16/25, a 52-week low of $4.83 was recorded on 01/13/25. SMA at 50 days reached $7.01, while 200 days put it at $6.11.
Levels Of Support And Resistance For RLGT Stock
The 24-hour chart illustrates a support level at 6.87, which if violated will result in even more drops to 6.79. On the upside, there is a resistance level at 7.02. A further resistance level may holdings at 7.08. The Relative Strength Index (RSI) on the 14-day chart is 53.72, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.19, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 12.78%. Stochastics %K at 82.95% indicates the stock is a selling.
How much short interest is there in Radiant Logistics, Inc?
A steep rise in short interest was recorded in Radiant Logistics, Inc stocks on 2024-12-31, growing by 30504.0 shares to a total of 0.59 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 0.56 million shares. There was a rise of 5.15%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on July 29, 2015 when Cowen began covering the stock and recommended ‘”an Outperform”‘ rating along with a $8.25 price target.
