Rand Logistics (RLOG) Earns Media Impact Rating of 0.06

Headlines about Rand Logistics (NASDAQ:RLOG) have trended somewhat positive this week, according to Accern. The research group rates the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Rand Logistics earned a coverage optimism score of 0.06 on Accern’s scale. Accern also assigned media stories about the shipping company an impact score of 47.2397928196953 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Separately, ValuEngine cut shares of Rand Logistics from a “sell” rating to a “strong sell” rating in a research report on Thursday, November 16th.

Shares of Rand Logistics (NASDAQ:RLOG) traded down $0.00 during trading hours on Wednesday, hitting $0.06. 163,448 shares of the stock traded hands, compared to its average volume of 2,510,000. The firm has a market cap of $0.39, a PE ratio of -0.04 and a beta of 1.26. Rand Logistics has a one year low of $0.05 and a one year high of $1.93.

In other Rand Logistics news, major shareholder Brent D. Baird sold 632,008 shares of the business’s stock in a transaction that occurred on Wednesday, December 20th. The shares were sold at an average price of $0.18, for a total transaction of $113,761.44. Following the sale, the insider now directly owns 3,269,925 shares of the company’s stock, valued at approximately $588,586.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Brent D. Baird bought 167,242 shares of Rand Logistics stock in a transaction on Friday, October 13th. The shares were acquired at an average cost of $0.34 per share, for a total transaction of $56,862.28. The disclosure for this purchase can be found here. Insiders have sold a total of 2,937,630 shares of company stock worth $662,680 over the last ninety days. 13.10% of the stock is currently owned by insiders.

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Rand Logistics Company Profile

Rand Logistics, Inc is a shipping company that, through its operating subsidiaries, is engaged in the operation of bulk carriers on the Great Lakes. The Company’s shipping business is operated in Canada by Lower Lakes Towing Ltd. (Lower Lakes Towing) and in the United States by Lower Lakes Transportation Company (Lower Lakes Transportation).

Insider Buying and Selling by Quarter for Rand Logistics (NASDAQ:RLOG)

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