Singularity Future Technology (NASDAQ:SGLY) Shares Up 4.6% – Should You Buy?

Singularity Future Technology Ltd. (NASDAQ:SGLYGet Free Report)’s share price shot up 4.6% on Wednesday . The company traded as high as $1.62 and last traded at $1.59. 24,225 shares were traded during mid-day trading, a decline of 89% from the average session volume of 213,109 shares. The stock had previously closed at $1.52.

Singularity Future Technology Stock Up 4.6 %

The company’s 50 day simple moving average is $2.69 and its 200-day simple moving average is $3.96. The firm has a market cap of $5.57 million, a P/E ratio of -0.42 and a beta of 1.02.

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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