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

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

Singularity Future Technology Trading Down 0.6 %

Singularity Future Technology stock traded down $0.01 during trading on Wednesday, hitting $0.85. The company had a trading volume of 21,837 shares, compared to its average volume of 2,151,632. Singularity Future Technology has a 1-year low of $0.66 and a 1-year high of $7.65. The company’s 50 day simple moving average is $1.71 and its 200-day simple moving average is $2.09. The stock has a market cap of $2.98 million, a price-to-earnings ratio of -1.23 and a beta of 0.99.

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.