Smart Logistics Global (NASDAQ:SLGB) Trading Up 0.2% – Here’s What Happened

Shares of Smart Logistics Global Limited (NASDAQ:SLGB) rose 0.2% on Friday . The company traded as high as $0.5650 and last traded at $0.5492. 29,693 shares traded hands during trading, a decline of 92% from the average session volume of 357,572 shares. The stock had previously closed at $0.5480.

Analysts Set New Price Targets

Separately, Weiss Ratings raised shares of Smart Logistics Global from a “sell (e)” rating to a “sell (d-)” rating in a research report on Monday. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Smart Logistics Global currently has a consensus rating of “Sell”.

Smart Logistics Global Trading Up 0.2%

The business’s fifty day moving average price is $0.60 and its two-hundred day moving average price is $0.99.

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

Institutional Investors Weigh In On Smart Logistics Global

An institutional investor recently bought a new position in Smart Logistics Global stock. Geode Capital Management LLC bought a new position in shares of Smart Logistics Global Limited (NASDAQ:SLGB) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 24,897 shares of the company’s stock, valued at approximately $31,000. Geode Capital Management LLC owned 0.06% of Smart Logistics Global as of its most recent SEC filing.

About Smart Logistics Global

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