Shares of Singularity Future Technology Ltd. (NASDAQ:SGLY – Get Free Report) dropped 7.9% on Tuesday . The stock traded as low as $0.98 and last traded at $1.05. Approximately 1,714,523 shares changed hands during mid-day trading, a decline of 44% from the average daily 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 price is $1.84 and its 200-day moving average price is $2.34. The firm has a market capitalization of $3.68 million, a PE ratio of -1.52 and a beta of 1.00.
About Singularity Future Technology
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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