Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Sino-Global Shipping America (SINO) Stock Price
News stories about Sino-Global Shipping America (NASDAQ:SINO) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Sino-Global Shipping America earned a daily sentiment score of 0.12 on Accern’s scale. Accern also gave media stories about the transportation company an impact score of 45.9462954017553 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s rankings:
- Sino-Global Shipping America (SINO) Reports Strategic Agreement with Leading China State-Owned Importer (streetinsider.com)
- How Sino-Global Shipping America Ltd (SINO) Delivered A Better ROE Than Its Industry (finance.yahoo.com)
- BRIEF-Sino-Global Shipping America Ltd – Signing Of Strategic Collaboration Agreement With Sichuan Metals And Minerals (reuters.com)
- Sino-Global Signs Strategic Agreement with Leading China State-Owned Importer (finance.yahoo.com)
Shares of Sino-Global Shipping America (SINO) traded down $0.11 during midday trading on Tuesday, hitting $2.69. 84,900 shares of the stock were exchanged, compared to its average volume of 439,074. The firm has a market capitalization of $29.22, a PE ratio of 7.18 and a beta of 3.09. Sino-Global Shipping America has a 1-year low of $2.23 and a 1-year high of $5.50.
Sino-Global Shipping America (NASDAQ:SINO) last issued its earnings results on Tuesday, November 14th. The transportation company reported $0.07 EPS for the quarter. The business had revenue of $5.38 million during the quarter. Sino-Global Shipping America had a net margin of 24.16% and a return on equity of 27.66%.
Separately, ValuEngine cut shares of Sino-Global Shipping America from a “hold” rating to a “sell” rating in a research report on Thursday, November 16th.
In other news, CEO Lei Cao sold 60,000 shares of the stock in a transaction dated Friday, October 6th. The shares were sold at an average price of $2.86, for a total value of $171,600.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold 66,000 shares of company stock valued at $187,920 over the last quarter. Company insiders own 24.50% of the company’s stock.
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.
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