|Day's Range||3.32 - 3.42|
|52 Week Range||2.56 - 3.95|
|PE Ratio (TTM)||-3.15|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||2.93|
Yesterday, China's shipping companies soared. COSCO Shipping (1919.Hong Kong), for instance, rallied 11.5% in just one day, bringing this year's gain to 22%. Investors are latching onto Maersk Line's comments at its December quarter earnings call that the shipping industry has reached an inflection point in 2017.
Shipping lines aren't meant to be this good an investment.
ROSLYN, N.Y., July 27, 2016 /PRNewswire/ -- Sino-Global Shipping America, Ltd. (NASDAQ: SINO) ("Sino-Global", the "Company" or "us"), a company engaged in shipping, chartering, ...