Media stories about Sino-Global Shipping America (NASDAQ:SINO) have been trending somewhat positive on Saturday, according to Accern. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Sino-Global Shipping America earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned press coverage about the transportation company an impact score of 44.4524483356456 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Separately, ValuEngine cut Sino-Global Shipping America from a “hold” rating to a “sell” rating in a report on Thursday, November 16th.
Sino-Global Shipping America (SINO) traded down $0.11 during midday trading on Friday, reaching $2.56. The company’s stock had a trading volume of 139,140 shares, compared to its average volume of 73,926. The stock has a market cap of $27.86, a PE ratio of 6.56 and a beta of 3.09. Sino-Global Shipping America has a fifty-two week low of $2.23 and a fifty-two week high of $5.50.
In other news, CEO Lei Cao sold 60,000 shares of Sino-Global Shipping America stock in a transaction that occurred on Friday, October 6th. The stock was sold at an average price of $2.86, for a total value of $171,600.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In the last quarter, insiders sold 66,000 shares of company stock valued at $187,920. Company insiders own 24.50% of the company’s stock.
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About Sino-Global Shipping America
Sino-Global Shipping America, Ltd. is a non-asset-based global shipping and freight logistic integrated solution provider. The Company provides solutions and value added services to its customers in the shipping and freight logistic chain sector. The Company’s segments include Shipping Agency and Ship Management Services; Shipping & Chartering Services, and Inland Transportation Management Services.
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