Sinotrans Limited (OTC:SNOTF – Get Free Report) shares dropped 2.7% during mid-day trading on Thursday . The stock traded as low as $0.47 and last traded at $0.47. Approximately 6,000 shares traded hands during mid-day trading, an increase of 128% from the average daily volume of 2,633 shares. The stock had previously closed at $0.48.
Sinotrans Stock Performance
The stock’s 50-day simple moving average is $0.46 and its 200 day simple moving average is $0.45.
About Sinotrans
Sinotrans Limited provides integrated logistics services primarily in the People’s Republic of China. The company operates through three segments: Agency and Related Business, Professional Logistics, and E-commerce. It offers sea freight forwarding, such as space booking, arranging transportation, container delivery and loading, storage, port concentration and dispatch, customs declaration and inspection, distribution, and delivery; air freight forwarding, including pick-up and dispatch, warehousing, packaging, booking and handling, trunk air line freight forwarding, and trucking transit services; rail freight forwarding services; shipping agency services comprising port arrival and departure, documentation, ship supplies, and other ship related services at ports; and storage and yard services, such as storage, container consolidating and devanning, cargo loading and unloading, dispatching and distribution, etc.
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