Could Sino-Global Shipping America, Ltd. (SINO) Change Direction After Making 52 Week Low?

March 14, 2018 - By Dolores Ford

Investors sentiment increased to 0.75 in 2017 Q3. Its up 0.35, from 0.4 in 2017Q2. It is positive, as 3 investors sold Sino-Global Shipping America, Ltd. shares while 1 reduced holdings. 2 funds opened positions while 1 raised stakes. 136,063 shares or 14.04% more from 119,308 shares in 2017Q2 were reported.
Dimensional Fund Advsrs Limited Partnership owns 83,226 shares for 0% of their portfolio. Wells Fargo & Mn accumulated 0% or 100 shares. Virtu Financial Ltd Liability Corp, New York-based fund reported 30,555 shares. Morgan Stanley invested in 0% or 9,300 shares. The Ohio-based James Inv Rech has invested 0% in Sino-Global Shipping America, Ltd. (NASDAQ:SINO). Blackrock has 12,556 shares for 0% of their portfolio. 1 were reported by Royal State Bank Of Canada.

Since October 5, 2017, it had 0 buys, and 3 sales for $187,920 activity. $171,600 worth of Sino-Global Shipping America, Ltd. (NASDAQ:SINO) was sold by Cao Lei. $13,500 worth of Sino-Global Shipping America, Ltd. (NASDAQ:SINO) was sold by Pan Tuo on Wednesday, October 11.

The stock of Sino-Global Shipping America, Ltd. (NASDAQ:SINO) hit a new 52-week low and has $1.02 target or 6.00 % below today’s $1.09 share price. The 8 months bearish chart indicates high risk for the $11.38M company. The 1-year low was reported on Mar, 14 by If the $1.02 price target is reached, the company will be worth $682,500 less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock.

The stock decreased 4.39% or $0.05 during the last trading session, reaching $1.09. About 334,113 shares traded or 180.14% up from the average. Sino-Global Shipping America, Ltd. (NASDAQ:SINO) has risen 336.92% since March 14, 2017 and is uptrending. It has outperformed by 320.22% the S&P500.

More notable recent Sino-Global Shipping America, Ltd. (NASDAQ:SINO) news were published by: which released: “Sino-Global Shipping America Ltd.” on November 16, 2016, also with their article: “Sino-Global Shipping America – Explosive Revenue Growth Causes Substantial …” published on September 28, 2017, published: “Sino-Global Shipping America Ready to Fly Much Higher” on September 15, 2017. More interesting news about Sino-Global Shipping America, Ltd. (NASDAQ:SINO) were released by: and their article: “Sino-Global Shipping America: An Overlooked Gem?” published on January 08, 2015 as well as‘s news article titled: “Sino-Global Shipping America (SINO) Prices $3 Million Registered Direct Offering” with publication date: March 12, 2018.

Sino-Global Shipping America, Ltd. provides shipping agency and inland transportation management services in the United States, the PeopleÂ’s Republic of China, Australia, and Canada. The company has market cap of $11.38 million. The Company’s shipping agency services include loading/discharging and protective services. It has a 3.6 P/E ratio.

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