Sino-Global Shipping America (NASDAQ:SINO) posted its earnings results on Tuesday. The transportation company reported $0.03 EPS for the quarter, Bloomberg Earnings reports. Sino-Global Shipping America had a net margin of 24.16% and a return on equity of 27.66%. The business had revenue of $5.22 million for the quarter.
Shares of Sino-Global Shipping America (SINO) traded down $0.02 during trading hours on Wednesday, hitting $2.37. 37,300 shares of the company were exchanged, compared to its average volume of 75,972. The company has a market capitalization of $24.94, a price-to-earnings ratio of 6.13 and a beta of 2.90. Sino-Global Shipping America has a fifty-two week low of $2.11 and a fifty-two week high of $3.99.
Separately, ValuEngine lowered shares of Sino-Global Shipping America from a “hold” rating to a “sell” rating in a research note on Thursday, November 16th.
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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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