Can Sino-Global Shipping America, Ltd. (SINO)’s Tomorrow be Different? The Stock Just Broke Its Yearly Low

March 14, 2018 - By Richard Conner

Investors sentiment increased to 0.75 in 2017 Q3. Its up 0.35, from 0.4 in 2017Q2. It increased, as 3 investors sold Sino-Global Shipping America, Ltd. shares while 1 reduced holdings. 2 funds opened positions while 1 raised stakes. 136,063 shares or 14.04% more from 119,308 shares in 2017Q2 were reported.
James Investment has invested 0% in Sino-Global Shipping America, Ltd. (NASDAQ:SINO). Virtu Lc has invested 0% in Sino-Global Shipping America, Ltd. (NASDAQ:SINO). Moreover, Wells Fargo And Commerce Mn has 0% invested in Sino-Global Shipping America, Ltd. (NASDAQ:SINO). 9,300 are held by Morgan Stanley. Blackrock holds 12,556 shares or 0% of its portfolio. 83,226 are held by Dimensional Fund Advsrs Ltd Partnership. Royal Bank Of Canada has invested 0% in Sino-Global Shipping America, Ltd. (NASDAQ:SINO).

Since October 5, 2017, it had 0 insider buys, and 3 sales for $187,920 activity. $171,600 worth of Sino-Global Shipping America, Ltd. (NASDAQ:SINO) shares were sold by Cao Lei. $2,820 worth of Sino-Global Shipping America, Ltd. (NASDAQ:SINO) was sold by Li Yafei on Tuesday, October 10.

The stock of Sino-Global Shipping America, Ltd. (NASDAQ:SINO) hit a new 52-week low and has $1.02 target or 6.00 % below today’s $1.09 share price. The 8 months bearish chart indicates high risk for the $11.38M company. The 1-year low was reported on Mar, 14 by If the $1.02 price target is reached, the company will be worth $682,500 less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock.

The stock decreased 4.39% or $0.05 during the last trading session, reaching $1.09. About 334,113 shares traded or 180.14% up from the average. Sino-Global Shipping America, Ltd. (NASDAQ:SINO) has risen 336.92% since March 14, 2017 and is uptrending. It has outperformed by 320.22% the S&P500.

More notable recent Sino-Global Shipping America, Ltd. (NASDAQ:SINO) news were published by: which released: “Sino-Global Shipping America: A Positive Risk/Reward Scenario” on April 24, 2017, also with their article: “Sino-Global Shipping America (SINO) Prices $3 Million Registered Direct Offering” published on March 12, 2018, published: “Sino-Global Shipping America: An Overlooked Gem?” on January 08, 2015. More interesting news about Sino-Global Shipping America, Ltd. (NASDAQ:SINO) were released by: and their article: “Sino-Global Shipping America – Explosive Revenue Growth Causes Substantial …” published on September 28, 2017 as well as‘s news article titled: “Sino-Global Shipping America Ready to Fly Much Higher” with publication date: September 15, 2017.

Sino-Global Shipping America, Ltd. provides shipping agency and inland transportation management services in the United States, the PeopleÂ’s Republic of China, Australia, and Canada. The company has market cap of $11.38 million. The Company’s shipping agency services include loading/discharging and protective services. It has a 3.6 P/E ratio.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.