Sino-Global Shipping America (SINO) Trading Up 0.8%

Sino-Global Shipping America, Ltd. (NASDAQ:SINO) was up 0.8% during mid-day trading on Tuesday . The stock traded as high as $1.39 and last traded at $1.27. Approximately 400 shares changed hands during trading, a decline of 100% from the average daily volume of 293,611 shares. The stock had previously closed at $1.26.

Several equities research analysts have issued reports on SINO shares. ValuEngine upgraded shares of Sino-Global Shipping America from a “hold” rating to a “buy” rating in a research note on Tuesday, October 2nd. Maxim Group started coverage on shares of Sino-Global Shipping America in a research note on Monday, September 17th. They set a “buy” rating and a $1.75 price objective for the company. Finally, TheStreet downgraded shares of Sino-Global Shipping America from a “c-” rating to a “d+” rating in a research note on Wednesday, July 25th.

The company has a market cap of $15.06 million, a price-to-earnings ratio of 23.00 and a beta of 3.45.

Sino-Global Shipping America (NASDAQ:SINO) last announced its earnings results on Friday, September 28th. The transportation company reported ($0.06) earnings per share for the quarter. The firm had revenue of $7.26 million during the quarter. Sino-Global Shipping America had a net margin of 1.99% and a return on equity of 2.59%.

About Sino-Global Shipping America (NASDAQ:SINO)

Sino-Global Shipping America, Ltd. provides shipping and freight logistics integrated solution in the United States, the People's Republic of China, Hong Kong, Australia, and Canada. Its services include inland transportation management, freight logistics, container trucking services, and bulk cargo container services.

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