(RLGT) Radiant Logistics - Ratings and Ratios

Radiant Logistics Inc, a third-party logistics provider, leverages technology to deliver comprehensive transportation and logistics solutions across the US and Canada, catering to a diverse range of industries including aviation, automotive, electronics, and pharmaceuticals. The companys service portfolio includes domestic and international air and ocean freight forwarding, freight brokerage, and logistics services, making it a one-stop-shop for industries requiring complex supply chain management.

With a strong presence in the market, Radiant Logistics has established itself as a reliable partner for industries that demand customized logistics solutions. The companys ability to provide MM&D, CHB, and GTM services, along with heavyweight and small package air services, positions it well to capitalize on the growing demand for e-commerce and fast-paced logistics. Its air network services further enhance its capabilities, enabling the company to offer seamless and efficient logistics solutions.

Analyzing the , we observe that the stocks last price is $6.00, slightly below its SMA50 of $6.11, indicating a potential buying opportunity. The ATR of 0.24, equivalent to 4.01%, suggests moderate volatility. Considering the 52-week high and low of $7.66 and $4.95, respectively, the stock appears to be trading within a reasonable range. Based on the , the companys market capitalization is $282.05M, with a P/E ratio of 20.69 and a forward P/E of 11.68, indicating a relatively stable valuation.

By combining the insights from and , we can forecast that Radiant Logistics Inc may experience a moderate increase in stock price in the near term. The SMA20 of $5.89 and SMA50 of $6.11 suggest a potential upward trend, while the P/E forward of 11.68 indicates that the companys earnings are expected to grow. As the company continues to expand its services and capitalize on the growing demand for logistics solutions, its stock price may reach $7.00 within the next 6-12 months, representing a 16.67% increase from the current price.