SINO stock: buy or sell?
September 20th, 2019
Sino-Global Shipping America, Ltd. provides shipping and integrated freight logistics solutions in the United States, the People's Republic of China, Hong Kong, Australia, and Canada.
Should I buy SINO stock?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, Sino-Global Shipping America stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Sino-Global Shipping America stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.Unfortunately, we couldn't find any rating for SINO stock for the last 30 days.
SINO stock analysis
Sino-Global Shipping America declined a fatal -1.37% and closed at $0.72.
Sino-Global Shipping America shares declined -1.37% to $0.72 today. SINO is soaring again after a 9.33% correction from its last top on September/4 at $0.75. Since price and SMA100d lines crossed down on May, SINO fell $-0.17 per share (-19.10%).
Sino-Global Shipping America shares rose 2.86% this week, ending at $0.72. Late July SINO plummed a bloodcurdling -7.81% in just one week. Early August SINO skyrocketed an astounding 7.25% in just one week.
Sino-Global Shipping America stock just marked a top under its last top. Athought it's not a big concern right now, investors in SINO should be alerted as this could be a warning for future complications. Loosing its previous bottom at would confirm the downtrend path. Since mid November 2018, when SINO stock price broke down the 40-weeks moving avarage line, it slid $-0.56 per share (-43.75%). Trading stocks that are below the 40-weeks (that is, 200-days) moving average line is not recommended by many experts, as it indicates that the stock has not enough institutional support.
SINO stock price history
SINO stock went public on May 21st, 2008 with a price of $15.001. Since then, SINO stock lost a -95.20%, with a yearly average of -8.70%.
1: Adjusted price after possible price splits or reverse-splits.
SINO stock historical price chart
SINO stock reached 52-week highs on November at $1.60, and all-time highs 2008-05-23 with a price of 27.49.
SINO stock price targetPredicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not found any price prediction for Sino-Global Shipping America stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter publishing its last earnings report on February, Sino-Global Shipping America . As soon as we get its posted EPS from the earnings report, we will extend this review.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Sino-Global Shipping America annual revenues skyrocketed an exceptional 101.51% to $23.06 M USD from $11.45 marked in 2017. When comparing 2018 vs 2017, on the other hand, profit margin (that is, the net income divided by revenues) plunged a -29.68% to 1.99%. To have an updated view of the financial situation of Sino-Global Shipping America, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2018-Q4 that can be compared to 2018 fiscal year results. Annual Sino-Global Shipping America TTM sales up to December 2018 were $29.48 and earnings were $-3.25 million USD. When comparing this TTM figures with the last reported annuality, we can esteem Sino-Global Shipping America business evolution since June 2018: Annual sales up to December, compared to lastest yearly report, rocketed an astounding 27.81%. Regarding profit margin, Sino-Global Shipping America collapsed -13.00% to 1.99%
|2013||$17 M||-||$-1.80 M-10.4%||-|
|2014||$12 M||-32.83%||$1.59 M13.7%||-188.33%|
|2015||$11 M||-2.74%||$0.72 M6.3%||-54.88%|
|2016||$7.31 M||-35.42%||$-1.97 M-26.9%||-374.04%|
|2017||$11 M||56.56%||$3.62 M31.7%||-284.39%|
|2018||$23 M||101.51%||$0.46 M2.0%||-87.34%|
|TTM||$29 M||27.81%||$-3.25 M-11.0%||-807.24%|
Quarterly financial resultsSino-Global Shipping America reported $10.52 million in sales for 2018-Q4, a 61.79% improvement compared to previous quarter. Reported quarter earnings marked $-1.47 million with a profit margin of -14.02%. Profit margin escalated a 6.24% compared to previous quarter when profit margin was -20.26%. When comparing sales to same quarter last year, Sino-Global Shipping America sales marked an outstanding growth and boosted a 101.42%.
|2017-Q1||$3 M||-||$1.30 M47.3%||-|
|2017-Q2||$5 M||68.36%||$0.79 M17.1%||-39.14%|
|2017-Q3||$5 M||16.20%||$0.62 M11.5%||-21.99%|
|2017-Q4||$5 M||-2.97%||$0.30 M5.7%||-51.76%|
|2018-Q1||$5 M||-0.39%||$0.08 M1.6%||-71.46%|
|2018-Q2||$7 M||39.69%||$-0.54 M-7.4%||-736.57%|
|2018-Q3||$6 M||-10.52%||$-1.32 M-20.3%||143.49%|
|2018-Q4||$11 M||61.79%||$-1.47 M-14.0%||11.94%|
Sino-Global Shipping America ownershipWhen you are planning to buy shares of a company, it's always worth to have a look its ownership structure.
Sino-Global Shipping America shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 33.12% of all shares.
In case of Sino-Global Shipping America stock, 0.92% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for SINO stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Sino-Global Shipping America:
|Market cap||$11.2 M||$44.7 M||$1.3 B||$84.3 B|
|Total shares||15.6 M||3.0 M||59.4 M||698.3 M|
|Float shares||10.6 M||1.2 M||57.1 M||697.8 M|
|- Institutional holdings (%)||0.9%||29.5%||92.0%||69.9%|
|- Insider holdings (%)||33.1%||42.0%||2.6%||0.0%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%|
|Friday, September 20th, 2019|
|Day range||$0.72 - $0.73|
|Average true range||$0.03|
|50d mov avg||$0.70|
|100d mov avg||$0.73|
|200d mov avg||$0.80|
Sino-Global Shipping America performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. For Sino-Global Shipping America, the comparison is made against Air T, Air Transport Services and United Parcel Service.
|ATSGAir Transport Ser...||-6.33%||2.74%||-1.41%|
|UPSUnited Parcel Ser...||19.11%||14.44%||5.46%|