Shengfeng Development Limited (NASDAQ:SFWL – Get Free Report)’s share price shot up 10.8% on Monday . The stock traded as high as $1.34 and last traded at $1.23. 169,918 shares changed hands during mid-day trading, a decline of 40% from the average session volume of 281,632 shares. The stock had previously closed at $1.11.
Shengfeng Development Trading Up 10.8 %
The stock’s fifty day moving average price is $1.30 and its 200-day moving average price is $1.35.
Shengfeng Development Company Profile
Shengfeng Development Limited, through its subsidiaries, provides contract logistics services in the People's Republic of China. The company offers business-to-business freight transportation services, such as full truckload and less than truckload; and cloud storage services, including warehouse management, order fulfillment, delivery process management, in-warehouse processing, and inventory optimization management services.
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