Singularity Future Technology’s (SGLY) Sell (E+) Rating Reiterated at Weiss Ratings

Weiss Ratings reaffirmed their sell (e+) rating on shares of Singularity Future Technology (NASDAQ:SGLYFree Report) in a research report report published on Tuesday,Weiss Ratings reports.

Singularity Future Technology Stock Up 3.6%

Shares of NASDAQ SGLY opened at $0.75 on Tuesday. The firm’s 50-day moving average price is $1.04 and its two-hundred day moving average price is $0.97. Singularity Future Technology has a 52-week low of $0.54 and a 52-week high of $5.49. The stock has a market capitalization of $3.13 million, a P/E ratio of -0.71 and a beta of 1.14.

Singularity Future Technology (NASDAQ:SGLYGet Free Report) last issued its earnings results on Tuesday, October 14th. The company reported ($0.23) earnings per share (EPS) for the quarter. Singularity Future Technology had a negative return on equity of 33.42% and a negative net margin of 171.18%.The business had revenue of $0.47 million during the quarter.

Singularity Future Technology Company Profile

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Singularity Future Technology Ltd. operates as an integrated logistics solutions provider in China and the United States. It offers freight logistics services, including shipping, transportation, warehouse, collection, last-mile delivery, drop shipping, customs clearance, and overseas transit delivery services.

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