Zacks: Sino-Global Shipping America, Ltd. (NASDAQ:SINO) Receives Average Rating of “Strong Buy” from Analysts

Shares of Sino-Global Shipping America, Ltd. (NASDAQ:SINO) have been assigned a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports.

Zacks has also given Sino-Global Shipping America an industry rank of 168 out of 256 based on the ratings given to its competitors.

Separately, TheStreet lowered shares of Sino-Global Shipping America from a “c-” rating to a “d+” rating in a research note on Monday, May 20th.

NASDAQ:SINO remained flat at $$0.72 during midday trading on Friday. 6,000 shares of the company were exchanged, compared to its average volume of 49,861. Sino-Global Shipping America has a 1-year low of $0.64 and a 1-year high of $1.60. The company’s fifty day moving average price is $0.74.

Sino-Global Shipping America (NASDAQ:SINO) last posted its earnings results on Wednesday, May 15th. The transportation company reported ($0.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.08). Sino-Global Shipping America had a negative net margin of 10.03% and a negative return on equity of 25.41%. The firm had revenue of $22.77 million during the quarter.

Sino-Global Shipping America Company Profile

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

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