Sino-Global Shipping America (SINO) Earning Somewhat Favorable Press Coverage, Report Finds
Media stories about Sino-Global Shipping America (NASDAQ:SINO) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Sino-Global Shipping America earned a coverage optimism score of 0.12 on Accern’s scale. Accern also assigned media stories about the transportation company an impact score of 46.6494671595868 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Shares of Sino-Global Shipping America (SINO) opened at 3.15 on Friday. The firm has a market cap of $31.28 million, a PE ratio of 9.46 and a beta of 3.23. The firm has a 50 day moving average price of $3.04 and a 200-day moving average price of $2.93. Sino-Global Shipping America has a 12 month low of $0.76 and a 12 month high of $14.20.
In other Sino-Global Shipping America news, CEO Lei Cao sold 10,000 shares of the company’s stock in a transaction dated Wednesday, July 5th. The shares were sold at an average price of $2.83, for a total value of $28,300.00. Following the completion of the sale, the chief executive officer now directly owns 1,485,040 shares of the company’s stock, valued at approximately $4,202,663.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Tuo Pan sold 15,000 shares of the company’s stock in a transaction dated Tuesday, July 11th. The stock was sold at an average price of $2.92, for a total transaction of $43,800.00. Following the completion of the sale, the chief financial officer now directly owns 34,800 shares of the company’s stock, valued at $101,616. The disclosure for this sale can be found here. Insiders sold a total of 75,000 shares of company stock valued at $214,500 over the last ninety days. 24.50% of the stock is currently owned by insiders.
About Sino-Global Shipping America
Sino-Global Shipping America, Ltd. is a non-asset-based global shipping and freight logistic integrated solution provider. The Company provides solutions and value added services to its customers in the shipping and freight logistic chain sector. The Company’s segments include Shipping Agency and Ship Management Services; Shipping & Chartering Services, and Inland Transportation Management Services.
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