Smart Logistics Global Limited’s (NASDAQ:SLGB) Lock-Up Period To End on April 13th

Smart Logistics Global’s (NASDAQ:SLGB) lock-up period will expire on Monday, April 13th. Smart Logistics Global had issued 1,000,000 shares in its public offering on October 15th. The total size of the offering was $5,000,000 based on an initial share price of $5.00. After the expiration of the company’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

Analyst Ratings Changes

Separately, Weiss Ratings initiated coverage on Smart Logistics Global in a research report on Friday, January 9th. They set a “sell (e-)” rating on the stock. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

Smart Logistics Global Price Performance

SLGB opened at $0.70 on Monday. Smart Logistics Global has a one year low of $0.60 and a one year high of $6.08. The firm’s 50 day simple moving average is $1.35.

Institutional Trading of Smart Logistics Global

A hedge fund recently bought a new stake in Smart Logistics Global stock. Geode Capital Management LLC purchased a new stake in Smart Logistics Global Limited (NASDAQ:SLGB) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 24,897 shares of the company’s stock, valued at approximately $31,000. Geode Capital Management LLC owned approximately 0.06% of Smart Logistics Global as of its most recent SEC filing.

Smart Logistics Global Company Profile

Smart Logistics Global Limited is a business-to-business contract logistics solution provider. Smart Logistics Global Limited is based in Hong Kong.