The stock of Sino-Global Shipping America, Ltd. (NASDAQ:SINO) is a huge mover today! About 6.97 million shares traded hands or 151.62% up from the average. Sino-Global Shipping America, Ltd. (NASDAQ:SINO) has risen 650.00% since April 18, 2016 and is uptrending. It has outperformed by 645.57% the S&P500.
The move comes after 5 months negative chart setup for the $24.42 million company. It was reported on Nov, 18 by Barchart.com. We have $3.45 PT which if reached, will make NASDAQ:SINO worth $3.42 million less.
According to Zacks Investment Research, “Registered in the United States in 2001 and operating in Mainland China, Sino-Global is a leading, non-state-owned provider of high-quality shipping services. With local branches in five of China’s 76 ports and contractual arrangements in all those where it does not have branch offices, Sino-Global is able to offer efficient, high-quality services to shipping companies entering Chinese ports. Sino-Global provides comprehensive yet customized shipping services to ship owners, operators and charters including intelligence, planning, real-time analysis and on-the-ground implementation and logistics support. Sino-Global has achieved both ISO9000 and UKAS certifications.”
Insitutional Activity: The institutional sentiment increased to Infinity in 2016 Q2. Its up Infinity, from 0 in 2016Q1. The ratio improved, as 1 funds sold all Sino-Global Shipping America, Ltd. shares owned while 1 reduced positions. 0 funds bought stakes while 0 increased positions. They now own 34,102 shares or 16.61% less from 40,893 shares in 2016Q1.
James Investment Rech has 0% invested in the company for 6,900 shares. Citadel Advisors Lc last reported 0% of its portfolio in the stock.
More news for Sino-Global Shipping America, Ltd. (NASDAQ:SINO) were recently published by: Marketwatch.com, which released: “Sino-Global Shipping America Ltd.” on December 21, 2009. Prnewswire.com‘s article titled: “Sino-Global Outlines Internet Based Logistics Strategy in an Open Letter to …” and published on November 01, 2016 is yet another important article.
SINO Company Profile
Sino-Global Shipping America, Ltd., incorporated on October 31, 2012, is a non-asset global shipping and freight logistic integrated solution provider. The Firm provides solutions and value added services to its clients in the shipping and freight logistic chain sector. The Company’s divisions include Shipping Agency and Ship Management Services; Shipping & Chartering Services, and Inland Transportation Management Services.
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