Sino-Global Shipping America, Ltd. (SINO) on Focus After Trading At 52-Week Lows

February 2, 2018 - By Kurt Siggers

Investors sentiment increased to 0.75 in Q3 2017. Its up 0.35, from 0.4 in 2017Q2. It improved, as 3 investors sold Sino-Global Shipping America, Ltd. shares while 1 reduced holdings. 2 funds opened positions while 1 raised stakes. 136,063 shares or 14.04% more from 119,308 shares in 2017Q2 were reported.
Morgan Stanley holds 9,300 shares. Royal Bank & Trust Of Canada holds 0% in Sino-Global Shipping America, Ltd. (NASDAQ:SINO) or 1 shares. James Rech owns 325 shares for 0% of their portfolio. Dimensional Fund Advsrs Lp accumulated 83,226 shares. Wells Fargo Mn reported 0% stake. Blackrock holds 0% or 12,556 shares in its portfolio. Virtu Fincl Ltd stated it has 30,555 shares.

Since October 5, 2017, it had 0 insider buys, and 3 selling transactions for $187,920 activity. Shares for $13,500 were sold by Pan Tuo. 60,000 shares were sold by Cao Lei, worth $171,600 on Thursday, October 5.

The stock of Sino-Global Shipping America, Ltd. (NASDAQ:SINO) hit a new 52-week low and has $2.07 target or 9.00 % below today’s $2.28 share price. The 6 months bearish chart indicates high risk for the $23.79 million company. The 1-year low was reported on Feb, 2 by If the $2.07 price target is reached, the company will be worth $2.14 million less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock.

The stock decreased 3.39% or $0.08 during the last trading session, reaching $2.28. About 106,778 shares traded. Sino-Global Shipping America, Ltd. (NASDAQ:SINO) has risen 336.92% since February 2, 2017 and is uptrending. It has outperformed by 320.22% the S&P500.

More notable recent Sino-Global Shipping America, Ltd. (NASDAQ:SINO) news were published by: which released: “Sino-Global Shipping America: A Positive Risk/Reward Scenario” on April 24, 2017, also with their article: “Sino-Global Shipping America Ready to Fly Much Higher” published on September 15, 2017, published: “Sino-Global Shipping America – Explosive Revenue Growth Causes Substantial …” on September 28, 2017. More interesting news about Sino-Global Shipping America, Ltd. (NASDAQ:SINO) were released by: and their article: “Massive Upside Ahead For Sino-Global Based On High Margins And Huge EPS Growth” published on June 27, 2017 as well as‘s news article titled: “Sino-Global Shipping America: An Overlooked Gem?” with publication date: January 08, 2015.

Sino-Global Shipping America, Ltd. provides shipping agency and inland transportation management services in the United States, the PeopleÂ’s Republic of China, Australia, and Canada. The company has market cap of $23.79 million. The Company’s shipping agency services include loading/discharging and protective services. It has a 5.94 P/E ratio.

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