How have the shares performed?
Sino-Global Shipping America Ltd. (SINO) saw an uptrend of 11.02% in the recent trading with $4.03 being its most recent. The current price level -67.18% lower than the highest price of $12.28 marked by the stock while trading over the past 52-weeks, whereas it is 193.58% higher than the lowest price of $1.37 the company dropped to over past 52-weeks. The latest news story on SINO appeared in PR Newswire under the title “NFT Platform CyberWorld V0.1 Unveiled by Sino-Global and CyberMiles” on Apr-07-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -5.18% below one month high and is +27.13% above of the lowest during that time. Looking into the simple moving average, Sino-Global Shipping America Ltd. (SINO)’s stock stands at a SMA-50 of $4.44 while that of 5-day is reading $3.68.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and SINO’s SMA-200 as of now is $3.79.
Sino-Global Shipping America Ltd. Earnings – What Happened With SINO
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Sino-Global Shipping America Ltd. (SINO) last released financial results for the quarter that ended 3/30/2019, posting a surprise factor of -4,400.00% for net revenue. During the reported three-month period, company’s sales were $953.2 million while analysts on average were estimating the same to be $1.88 million.
SINO – Sino-Global Shipping America Ltd. Stock Earnings Estimates
The perspective of Sino-Global Shipping America Ltd. (NASDAQ:SINO)’s current quarter earnings identifies that analysts are in consensus over the estimate of -0.01 for stock’s EPS in the current quarter. Company’s EPS for the last quarter was -0.45.
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 14.45 million. SINO does have institutional investors; and they hold 2.40% of the stock.
Sino-Global Shipping America Ltd. – Insider Activity and Holdings
Moreover, the latest SEC filings also revealed that stock came across 0 new insider purchases involving 0 shares. On the other hand, SINO declared 0 shares have been sold in 0 insider transactions over the past three months.
As on Mar 30, 2021, Morgan Stanley was the top most holder in Sino-Global Shipping America Ltd. (NASDAQ:SINO) with an ownership of 0.14 million shares of the company or 0.95% of the stake worth $0.92 million. The filing also reveals Parallax Volatility Advisers, L.P. as the second largest holder in the company with a control over 0.55% of the outstanding shares. Its stake is worth $0.53 million for having 81806.0 shares in hand.
Tower Research Capital LLC (TRC) also came holding a key position in the company during the recent quarter and it now holds 0.19% of the outstanding shares. With this there are now 14 institutions which have possession in SINO’s shares.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by Sino-Global Shipping America Ltd. was 0.33 while posting a debt to equity ratio of 0.00. The count was 4.60 for long-term debt to equity ratio.
Sino-Global Shipping America Ltd.’s return on equity, or ROE, is -76.50%, compared to the industry average of 4.42% for Industrials – Integrated Freight & Logistics. Although this indicates that SINO fails to use its equity well, the metric will vary significantly depending on the industry.
Technical Analysis of Sino-Global Shipping America Ltd. (NASDAQ:SINO) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Sino-Global Shipping America Ltd. (SINO), we notice that the stock’s 20-day average volume is at 397,335 shares and 50% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 50% are spotting the stock at Sell with its 50-day average volume of 598,344 shares. And to end with, SINO’s 100-day average volume are 2,737,465 shares.