Sino-Global Shipping America (SINO) Issues Quarterly Earnings Results

Sino-Global Shipping America (NASDAQ:SINO) posted its quarterly earnings data on Tuesday. The transportation company reported $0.03 EPS for the quarter, Bloomberg Earnings reports. The firm had revenue of $5.22 million during the quarter. Sino-Global Shipping America had a return on equity of 27.66% and a net margin of 24.16%.

Sino-Global Shipping America (SINO) traded down $0.02 during midday trading on Wednesday, reaching $2.37. The company’s stock had a trading volume of 37,300 shares, compared to its average volume of 76,013. Sino-Global Shipping America has a 52 week low of $2.11 and a 52 week high of $3.99. The firm has a market cap of $24.94, a PE ratio of 6.08 and a beta of 2.90.

Separately, ValuEngine cut Sino-Global Shipping America from a “hold” rating to a “sell” rating in a research report on Thursday, November 16th.

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About Sino-Global Shipping America

Sino-Global Shipping America, Ltd. is a non-asset-based global shipping and freight logistic integrated solution provider. The Company provides solutions and value added services to its customers in the shipping and freight logistic chain sector. The Company’s segments include Shipping Agency and Ship Management Services; Shipping & Chartering Services, and Inland Transportation Management Services.

Earnings History for Sino-Global Shipping America (NASDAQ:SINO)

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