Sino-Global Shipping America (NASDAQ:SINO) posted its earnings results on Wednesday. The transportation company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.08), Fidelity Earnings reports. Sino-Global Shipping America had a negative net margin of 10.03% and a negative return on equity of 24.96%. The firm had revenue of $22.77 million during the quarter.
SINO opened at $0.82 on Friday. Sino-Global Shipping America has a 1 year low of $0.73 and a 1 year high of $1.65.
Separately, Maxim Group reiterated a “buy” rating and issued a $1.75 target price on shares of Sino-Global Shipping America in a research note on Thursday, February 14th.
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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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