Sino-Global Shipping America (NASDAQ:SINO) Share Price Passes Below Fifty Day Moving Average of $0.73

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Sino-Global Shipping America, Ltd. (NASDAQ:SINO)’s stock price crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $0.73 and traded as low as $0.73. Sino-Global Shipping America shares last traded at $0.73, with a volume of 3,606 shares changing hands.

Separately, TheStreet lowered shares of Tribune Publishing from a “c-” rating to a “d+” rating in a research report on Monday, May 20th.

The stock has a 50-day moving average of $0.73.

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

About Sino-Global Shipping America (NASDAQ:SINO)

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.

See Also: Liquidity

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