Smart Logistics Global (NASDAQ:SLGB) Trading Up 8.3% – Here’s What Happened

Smart Logistics Global Limited (NASDAQ:SLGB)’s share price shot up 8.3% during trading on Monday . The stock traded as high as $0.52 and last traded at $0.52. 267,948 shares were traded during trading, a decline of 47% from the average session volume of 502,883 shares. The stock had previously closed at $0.48.

Smart Logistics Global Stock Up 8.3%

The business has a fifty day moving average price of $0.72 and a 200-day moving average price of $1.25.

Smart Logistics Global (NASDAQ:SLGB) last issued its earnings results on Thursday, April 30th. The company reported ($0.04) earnings per share for the quarter. The company had revenue of $21.69 million during the quarter.

Hedge Funds Weigh In On Smart Logistics Global

An institutional investor recently bought a new position in Smart Logistics Global stock. Geode Capital Management LLC acquired a new stake in Smart Logistics Global Limited (NASDAQ:SLGB) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 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.