Sino-Global Shipping America, Ltd. (NASDAQ:SINO) persists its position slightly strong in context of buying side, while shares price plummeted -3.03% during latest trading session. Sino-Global Shipping America, Ltd. (SINO) reported its financial and operating results for the quarter ended September 30, 2016.
Mr. Lei Cao, Chief Executive Officer of Sino-Global, stated, “We continue to operate in an industry that is always changing, and Sino-Global must evolve to meet the needs of the market. We have maintained the Firm’s ultimate goal of alleviating the challenge of logistics across multiple regions all through the world and, in August, we reported the development of an internet-based application that will provide a full-service logistics platform among the US and China to short-haul trucking companies in the US.”
Narrow down focus to other ratios, the co has current ratio of 4.10 that indicates if SINO lies in 1.3% to 3% then it is acceptable for both active and passive investors, but sometimes its varies industry to industry. Generally, it indicates good short-term financial strength. Street is more conscious on this after SunEdison, Inc. case. To make strengthen these views, the active industry firm has Quick Ratio of 4.10, which indicates firm has sufficient short-term assets to cover its immediate liabilities. In addition, the firm has debt to equity ratio of 0.00, sometimes its remain same with long term debt to equity ratio.
Following previous ticker characteristics, Teekay Tankers Ltd. (NYSE:TNK) also run on active notice, stock price plummeted remains unchanged after traded at $2.42 in most recent trading session.
TNK has price to earnings ratio of 3.39 and the price to current year EPS stands at 95.80%. Whereas the traders who further want to see about this, may be interested to see Price to next year’s EPS that would be 17.02%. The earning yield also gives right direction to lure investment, as the co has 4.96% dividend yield. Moving toward ratio analysis, it has current ratio of 0.80 and quick ratio was calculated as 0.80. The debt to equity ratio appeared as 1.06 for seeing its liquidity position.
Taking notice on volatility measures, price volatility of stock was 7.85% for a week and 7.15% for a month. The price volatility’s Average True Range for 14 days was 0.15. On these bases, analysts would recommend this stock as an “Active Revolving Stocks.” The firm attains analyst recommendation of 2.70 out of 1-5 scale with week’s performance of 2.11%. TNK’s institutional ownership was registered as 47.90%, while insider ownership was 31.90%.