Sino-Global Shipping America (NASDAQ:SINO) Lifted to Buy at ValuEngine

ValuEngine upgraded shares of Sino-Global Shipping America (NASDAQ:SINO) from a hold rating to a buy rating in a research note issued to investors on Tuesday, October 2nd.

Other equities analysts also recently issued reports about the stock. TheStreet downgraded shares of Sino-Global Shipping America from a c- rating to a d+ rating in a research note on Wednesday, July 25th. Maxim Group initiated coverage on shares of Sino-Global Shipping America in a research report on Monday, September 17th. They issued a buy rating and a $1.75 price target for the company.

Shares of NASDAQ SINO opened at $1.04 on Tuesday. The stock has a market cap of $14.55 million, a PE ratio of 23.40 and a beta of 3.45. Sino-Global Shipping America has a 12-month low of $0.99 and a 12-month high of $3.40.

Sino-Global Shipping America (NASDAQ:SINO) last issued its quarterly earnings results on Friday, September 28th. The transportation company reported ($0.06) EPS for the quarter. The firm had revenue of $7.26 million for the quarter. Sino-Global Shipping America had a net margin of 1.99% and a return on equity of 2.68%.

About Sino-Global Shipping America

Sino-Global Shipping America, Ltd. provides shipping and integrated freight logistics solutions in the United States, the People's Republic of China, Hong Kong, Australia, and Canada. Its services include inland transportation management, freight logistics, and container trucking that cover shipping and freight logistic chain.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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