Sino-Global Shipping America (SINO) Issues Quarterly Earnings Results
Sino-Global Shipping America (NASDAQ:SINO) released its earnings results on Tuesday. The transportation company reported $0.03 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. Sino-Global Shipping America had a return on equity of 27.66% and a net margin of 24.16%. The company had revenue of $5.22 million for the quarter.
Sino-Global Shipping America (NASDAQ:SINO) traded down $0.02 on Wednesday, hitting $2.37. The company had a trading volume of 37,300 shares, compared to its average volume of 76,013. The firm has a market cap of $24.94, a PE ratio of 6.08 and a beta of 2.90. Sino-Global Shipping America has a 1-year low of $2.11 and a 1-year high of $3.99.
Separately, ValuEngine cut Sino-Global Shipping America from a “hold” rating to a “sell” rating in a research report on Thursday, November 16th.
Sino-Global Shipping America Company Profile
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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