Sino-Global Shipping America, Ltd. (NASDAQ:SINO) shares were up 18.2% on Friday . The stock traded as high as $0.54 and last traded at $0.52, approximately 174,062 shares changed hands during trading. An increase of 342% from the average daily volume of 39,422 shares. The stock had previously closed at $0.44.
Separately, ValuEngine downgraded Sino-Global Shipping America from a “buy” rating to a “hold” rating in a research report on Wednesday, December 4th.
The firm has a 50-day simple moving average of $0.64 and a two-hundred day simple moving average of $0.70. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.94 and a current ratio of 2.94.
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.
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