Las Vegas, NV -- (SBWIRE) -- 03/19/2013 -- AutoInfo, Inc. (PINK:AUTO) has shown tremendous performance in last month. The share price has gaine substantially from the levels of $0.9 to $1.09 till its last trading session. However, currently the stock is trading near its highest of $1.11 in last 52 weeks. Investors also seem to have their fingers crossed on will the stock be able to break its resistance level.
AutoInfo Inc has also been under investigation by Lifshitz Law Firm on possible breach of fiduciary duty in regards to proposed acquisition of AutoInfo Inc by a subsidiary of Comvest Partners. Comvest through its Investment fund offered $1.05 per share in cash for AutoInfo Inc.
AutoInfo Inc is engaged in transportation services. The company offers transportation capacity and related transportation services to the shippers in the United States and Canada. The services are provided through different alliances which include ground transportation, air freight and ocean freight services. The company has two main business segments: non-asset based transportation services and agent support services.
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