Singularity Future Technology (NASDAQ:SGLY) Trading Down 7.9% – Time to Sell?

Singularity Future Technology Ltd. (NASDAQ:SGLYGet Free Report)’s share price fell 7.9% during mid-day trading on Tuesday . The company traded as low as $0.98 and last traded at $1.05. 1,714,523 shares changed hands during mid-day trading, a decline of 44% from the average session volume of 3,047,118 shares. The stock had previously closed at $1.14.

Singularity Future Technology Price Performance

The business’s 50 day moving average is $1.84 and its 200-day moving average is $2.34. The company has a market cap of $3.68 million, a PE ratio of -1.52 and a beta of 1.00.

About Singularity Future Technology

(Get Free Report)

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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