Shares of Singularity Future Technology Ltd. (NASDAQ:SGLY) traded at a new 52-week high today of $16.43. So far today approximately 386,000 shares have been exchanged, as compared to an average 30-day volume of 934,000 shares.
Over the past year, Singularity Future Technology Ltd. has traded in a range of $2.09 to $16.43 and is now at $15.82, 657% above that low.
Singularity Future Technology Ltd, formerly Sino- Global Shipping America Ltd is a shipping agency and logistic service provider. The company’s operating segment includes Shipping Agency and Management Services; Freight Logistics Services and Container Trucking Services. It generates maximum revenue from the Freight Logistics Services segment. Geographically, it derives a majority of revenue from China.
Based on a current price of $15.82, Singularity Future Technology Ltd. is currently 45.7% above its average consensus analyst price target of $8.59.
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