Sino-Global Shipping America (NASDAQ:SINO) Upgraded at ValuEngine

Sino-Global Shipping America (NASDAQ:SINO) was upgraded by ValuEngine from a “hold” rating to a “buy” rating in a report released on Thursday, ValuEngine reports.

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

Sino-Global Shipping America stock remained flat at $$0.64 during mid-day trading on Thursday. 5,915 shares of the company traded hands, compared to its average volume of 21,536. The stock’s 50 day moving average is $0.71. Sino-Global Shipping America has a one year low of $0.64 and a one year high of $1.60.

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

About Sino-Global Shipping America

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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