Smart Logistics Global (NASDAQ:SLGB) Posts Earnings Results

Smart Logistics Global (NASDAQ:SLGB) posted its earnings results on Thursday. The company reported ($0.04) EPS for the quarter, FiscalAI reports. The firm had revenue of $21.69 million during the quarter.

Smart Logistics Global Stock Performance

Shares of NASDAQ:SLGB traded down $0.03 on Friday, reaching $0.59. 96,547 shares of the company’s stock were exchanged, compared to its average volume of 2,440,981. Smart Logistics Global has a twelve month low of $0.59 and a twelve month high of $6.08. The company has a fifty day moving average of $0.98 and a 200-day moving average of $1.59.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings started coverage on Smart Logistics Global in a research report on Friday, January 9th. They set a “sell (e-)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Institutional Investors Weigh In On Smart Logistics Global

A hedge fund recently bought a new stake in Smart Logistics Global stock. Geode Capital Management LLC bought a new stake in shares of Smart Logistics Global Limited (NASDAQ:SLGB) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 24,897 shares of the company’s stock, valued at approximately $31,000. Geode Capital Management LLC owned 0.06% of Smart Logistics Global as of its most recent filing with the Securities and Exchange Commission.

Smart Logistics Global Company Profile

Smart Logistics Global Limited is a business-to-business contract logistics solution provider. Smart Logistics Global Limited is based in Hong Kong.