Sino-Global Shipping America (NASDAQ:SINO) issued its earnings results on Wednesday. The transportation company reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.08), Fidelity Earnings reports. The business had revenue of $22.77 million for the quarter. Sino-Global Shipping America had a negative net margin of 11.02% and a negative return on equity of 17.02%.
Shares of Sino-Global Shipping America stock traded up $0.06 on Thursday, hitting $0.85. 41,644 shares of the company’s stock traded hands, compared to its average volume of 57,851. Sino-Global Shipping America has a one year low of $0.73 and a one year high of $1.65.
Separately, Maxim Group reiterated a “buy” rating and set a $1.75 target price on shares of Sino-Global Shipping America in a research report on Thursday, February 14th.
About Sino-Global Shipping America
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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