Sino-Global Shipping America, Ltd. (NASDAQ:SINO) Given Average Rating of “Strong Buy” by Brokerages

Sino-Global Shipping America, Ltd. (NASDAQ:SINO) has been given a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the company, Zacks Investment Research reports.

Zacks has also given Sino-Global Shipping America an industry rank of 205 out of 256 based on the ratings given to related companies.

Separately, TheStreet lowered shares of Sino-Global Shipping America from a “c-” rating to a “d+” rating in a research note on Monday, May 20th.

Shares of SINO traded down $0.01 during midday trading on Friday, reaching $0.69. The stock had a trading volume of 22,278 shares, compared to its average volume of 29,792. Sino-Global Shipping America has a 1-year low of $0.64 and a 1-year high of $1.60. The business has a fifty day moving average price of $0.76.

Sino-Global Shipping America (NASDAQ:SINO) last announced its quarterly earnings data on Wednesday, May 15th. The transportation company reported ($0.09) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.01) by ($0.08). Sino-Global Shipping America had a negative net margin of 10.03% and a negative return on equity of 25.41%. The firm had revenue of $22.77 million during the quarter.

Sino-Global Shipping America Company Profile

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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