Price Action Alert: What Will Happen to Sino-Global Shipping America, Ltd. Next? The Stock Just Increased A Lot

Price Action Alert: What Will Happen to Sino Global Shipping America, Ltd. Next? The Stock Just Increased A Lot

The stock of Sino-Global Shipping America, Ltd. (NASDAQ:SINO) is a huge mover today! About 23.29M shares traded hands or 4643.58% up from the average. Sino-Global Shipping America, Ltd. (NASDAQ:SINO) has risen 227.03% since April 14, 2016 and is uptrending. It has outperformed by 222.34% the S&P500.
The move comes after 5 months positive chart setup for the $75.57M company. It was reported on Nov, 16 by Barchart.com. We have $19.58 PT which if reached, will make NASDAQ:SINO worth $143.58M more.

According to Zacks Investment Research, “Registered in the United States in 2001 and operating in Mainland China, Sino-Global is a leading, non-state-owned provider of high-quality shipping services. With local branches in five of China’s 76 ports and contractual arrangements in all those where it does not have branch offices, Sino-Global is able to offer efficient, high-quality services to shipping companies entering Chinese ports. Sino-Global provides comprehensive yet customized shipping services to ship owners, operators and charters including intelligence, planning, real-time analysis and on-the-ground implementation and logistics support. Sino-Global has achieved both ISO9000 and UKAS certifications.”

Insitutional Activity: The institutional sentiment decreased to 0 in 2016 Q2. Its down 1.00, from 1 in 2016Q1. The ratio is negative, as 1 funds sold all Sino-Global Shipping America, Ltd. shares owned while 1 reduced positions. 0 funds bought stakes while 0 increased positions. They now own 34,102 shares or 16.61% less from 40,893 shares in 2016Q1.
Citadel Advsr Ltd Liability Co has invested 0% of its portfolio in Sino-Global Shipping America, Ltd. (NASDAQ:SINO). James Invest Research last reported 0% of its portfolio in the stock.

More recent Sino-Global Shipping America, Ltd. (NASDAQ:SINO) news were published by: Prnewswire.com which released: “Sino-Global Outlines Internet Based Logistics Strategy in an Open Letter to …” on November 01, 2016. Also Reuters.com published the news titled: “BRIEF-Sino-Global Shipping America Qtrly EPS $0.08” on May 02, 2013. Seekingalpha.com‘s news article titled: “Sino-Global Shipping America: An Overlooked Gem? (SINO)” with publication date: January 08, 2015 was also an interesting one.

SINO Company Profile

Sino-Global Shipping America, Ltd., incorporated on October 31, 2012, is a non-asset global shipping and freight logistic integrated solution provider. The Firm provides solutions and value added services to its clients in the shipping and freight logistic chain sector. The Company’s divisions include Shipping Agency and Ship Management Services; Shipping & Chartering Services, and Inland Transportation Management Services.

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