Weiss Ratings Reiterates Sell (D+) Rating for Shengfeng Development (NASDAQ:SFWL)

Shengfeng Development (NASDAQ:SFWL)‘s stock had its “sell (d+)” rating reiterated by equities researchers at Weiss Ratings in a note issued to investors on Saturday,Weiss Ratings reports.

Shengfeng Development Stock Performance

Shares of NASDAQ SFWL opened at $0.95 on Friday. Shengfeng Development has a 52 week low of $0.84 and a 52 week high of $1.60. The business has a 50-day simple moving average of $1.06 and a two-hundred day simple moving average of $1.01.

Shengfeng Development Company Profile

Shengfeng Development Limited, through its subsidiaries, provides contract logistics services in the People's Republic of China. The company offers business-to-business freight transportation services, such as full truckload and less than truckload; and cloud storage services, including warehouse management, order fulfillment, delivery process management, in-warehouse processing, and inventory optimization management services.