Insider Trading in Focus: Rand Logistics, Inc. $RLOG

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Rand Logistics, Inc. (RLOG) insider have most recently took part in a trading activity. On Aug 24, 2017 Baird Brent D, 10% Owner bought 400,000 shares having total worth of $116,000 at the price of $0.29 per share, following the transaction a total of 2,952,683 shares owned by Baird Brent D. Before this latest buy, Baird Brent D purchased RLOG at 2 other times during the past twelve months, for a total investment of $191,243 at an average of $0.29 per share.

The stock has experienced a total of 2 insider trades in the past three months. These trades include 2 buy trades. Furthermore, over the past 12 months , the stock was traded 2 times by insiders. an employee of the company was the buyer in 2 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 2 0 -62.43%
12 Month 2 0 -73.27%

Shares of Rand Logistics, Inc. (RLOG) traded up 3.35% on Aug 25, 2017, hitting $0.28. 208,807 shares of the company’s stock traded hands. Rand Logistics, Inc. has a 52 week low of $0.24 and a 52 week high of $1.5. The company’s market cap is $14 million.

Rand Logistics, Inc. (RLOG) last announced its earnings results on Aug 14, 2017. The company reported -0.30 earnings per share (EPS) for the quarter. The company had revenue of $32 million for the quarter, compared to the consensus estimate of $40 million. During the same quarter in the previous year, the company posted 0.07 earnings per share. The company’s revenue for the quarter was down 4% on a year-over-year basis.

2017-08-14 2017-07-06 2017-07-05 2017-02-13 2016-11-09 2016-08-16 2016-08-15 2016-06-15 2016-02-09 2015-11-04
earnings per share -0.30 -1.03 0.00 -0.03 0.14 0.07 0.00 -0.85 -0.20 0.36
Revenue(M) 32.34 4.6 0 37.8 39.24 33.82 0 5.92 45.76 51.93

Rand Logistics, Inc., was incorporated in the State of Delaware on June 2, 2004. The Company is a shipping company that, through its operating subsidiaries, is engaged in the operation of bulk carriers on the Great Lakes. Its shipping business is operated in Canada by Lower Lakes Towing and in the United States by Lower Lakes Transportation. Lower Lakes’ fleet consists of five self-unloading bulk carriers and four conventional bulk carriers in Canada and seven self-unloading bulk carriers in the U.S., including one integrated tug and barge unit and three articulated tug and barge units. Lower Lakes Towing owns the nine Canadian vessels. The Company transports construction aggregates, coal, iron ore, salt, grain and other dry bulk commodities for customers in the construction, electric utility, integrated steel and food industries. The Company’s marine transportation operations are subject to regulation by the United States Coast Guard (USCG), the Environmental Protection Agency (EPA), various federal laws, Canadian laws, state laws and certain international conventions.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.