The stock of Sino-Global Shipping America, Ltd. (NASDAQ:SINO) is a huge mover today! About 1.37M shares traded hands. Sino-Global Shipping America, Ltd. (NASDAQ:SINO) has risen 330.67% since April 21, 2016 and is uptrending. It has outperformed by 325.34% the S&P500.
The move comes after 6 months positive chart setup for the $26.40 million company. It was reported on Nov, 23 by Barchart.com. We have $4.07 PT which if reached, will make NASDAQ:SINO worth $1.58 million more.
Analysts await Sino-Global Shipping America, Ltd. (NASDAQ:SINO) to report earnings on February, 10.
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 increased to Infinity in 2016 Q2. Its up Infinity, from 0 in 2016Q1. The ratio is positive, 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.
James Investment Research Inc has 6,900 shares for 0% of their US portfolio. Citadel Advsrs Ltd Liability Com accumulated 0% or 27,202 shares.
More recent Sino-Global Shipping America, Ltd. (NASDAQ:SINO) news were published by: Prnewswire.com which released: “How These Services Stocks are Faring? — AerCap, XPO Logistics, Sino-Global …” on October 24, 2016. Also Prnewswire.com published the news titled: “Sino-Global Announces 2017 First Quarter Financial Results Highlighted by …” on November 14, 2016. Marketwatch.com‘s news article titled: “Sino-Global Shipping America Ltd.” with publication date: December 21, 2009 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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