Shengfeng Development Limited (NASDAQ:SFWL – Get Free Report)’s share price shot up 2.7% on Monday . The company traded as high as $0.9203 and last traded at $0.92. 789 shares were traded during mid-day trading, a decline of 90% from the average session volume of 8,213 shares. The stock had previously closed at $0.8958.
Analysts Set New Price Targets
Separately, Weiss Ratings reiterated a “hold (c-)” rating on shares of Shengfeng Development in a report on Tuesday, November 25th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.
View Our Latest Stock Report on Shengfeng Development
Shengfeng Development Trading Up 2.7%
About Shengfeng Development
Shengfeng Development Limited, through its subsidiaries, provides contract logistics services in the People's Republic of China. The company offers business-to-business freight transportation services, such as full truckload and less than truckload; and cloud storage services, including warehouse management, order fulfillment, delivery process management, in-warehouse processing, and inventory optimization management services.
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