Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Sino-Global Shipping America (SINO) Stock Price
News headlines about Sino-Global Shipping America (NASDAQ:SINO) have been trending somewhat positive recently, according to Accern. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Sino-Global Shipping America earned a coverage optimism score of 0.14 on Accern’s scale. Accern also gave press coverage about the transportation company an impact score of 47.8140328076509 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Sino-Global Shipping America (NASDAQ:SINO) traded up 2.9104% during mid-day trading on Friday, reaching $2.8712. 25,304 shares of the company traded hands. Sino-Global Shipping America has a 52-week low of $0.76 and a 52-week high of $14.20. The stock has a 50-day moving average of $3.11 and a 200 day moving average of $3.02. The stock has a market capitalization of $29.01 million, a PE ratio of 7.0545 and a beta of 3.27.
Sino-Global Shipping America (NASDAQ:SINO) last released its quarterly earnings data on Wednesday, September 27th. The transportation company reported $0.07 earnings per share (EPS) for the quarter. Sino-Global Shipping America had a net margin of 31.67% and a return on equity of 33.17%. The company had revenue of $4.63 million during the quarter.
In other news, CEO Lei Cao sold 60,000 shares of the stock in a transaction on Friday, October 6th. The shares were sold at an average price of $2.86, for a total value of $171,600.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold 66,000 shares of company stock valued at $187,920 in the last three months. Company insiders own 24.50% of the company’s stock.
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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