Singularity Future Technology (NASDAQ:SGLY) Releases Quarterly Earnings Results

Singularity Future Technology (NASDAQ:SGLY) posted its earnings results on Wednesday. The company reported ($0.19) earnings per share (EPS) for the quarter, Zacks reports. Singularity Future Technology had a negative return on equity of 33.51% and a negative net margin of 137.89%.

Singularity Future Technology Trading Down 0.6 %

SGLY stock traded down $0.01 during mid-day trading on Wednesday, reaching $0.85. The company’s stock had a trading volume of 21,837 shares, compared to its average volume of 2,151,632. The stock has a market cap of $2.98 million, a PE ratio of -1.23 and a beta of 0.99. Singularity Future Technology has a fifty-two week low of $0.66 and a fifty-two week high of $7.65. The company’s 50 day moving average is $1.71 and its two-hundred day moving average is $2.09.

Singularity Future Technology Company Profile

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.