Singularity Future Technology (SGLY) Stock Price, News & Analysis

Company Overview

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. The company is also involved in purchase and sale of crypto mining machines. It serves the steel companies and e-commerce businesses. The company was formerly known as Sino-Global Shipping America, Ltd. and changed its name to Singularity Future Technology Ltd. in January 2022. Singularity Future Technology Ltd. was founded in 2001 and is headquartered in Great Neck, New York.

Key Stats

• Today's Range: $1.66 to $1.96
• 50-Day Range: $1.34 to $2.55
• 52-Week Range: $1.27 to $7.65
• Volume: 41,665 shs
• Average Volume: 194,415 shs
• Market Capitalization: $6.13 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Singularity Future Technology Stock Analysis - MarketRank™

Singularity Future Technology scored higher than 30% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Singularity Future Technology.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Singularity Future Technology is -2.54, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Singularity Future Technology is -2.54, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Singularity Future Technology has a P/B Ratio of 0.46. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.68% of the float of Singularity Future Technology has been sold short.

Short Interest Ratio / Days to Cover

Singularity Future Technology has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Singularity Future Technology has recently decreased by 34.23%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Singularity Future Technology does not currently pay a dividend.

Dividend Growth

Singularity Future Technology does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.68% of the float of Singularity Future Technology has been sold short.

Short Interest Ratio / Days to Cover

Singularity Future Technology has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Singularity Future Technology has recently decreased by 34.23%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 1.43

News Sentiment

Singularity Future Technology has a news sentiment score of 1.43. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Singularity Future Technology this week, compared to 0 articles on an average week.

Search Interest

Only 1 people have searched for SGLY on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Singularity Future Technology insiders have not sold or bought any company stock.

Percentage Held by Insiders

10.18% of the stock of Singularity Future Technology is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 4.07% of the stock of Singularity Future Technology is held by institutions.

SGLY Stock Analysis - Frequently Asked Questions

How have SGLY shares performed this year?

Singularity Future Technology's stock was trading at $5.40 at the beginning of 2024. Since then, SGLY stock has decreased by 67.6% and is now trading at $1.75.
View the best growth stocks for 2024 here.

How were Singularity Future Technology's earnings last quarter?

Singularity Future Technology Ltd. (NASDAQ:SGLY) issued its earnings results on Tuesday, October, 15th. The company reported ($0.04) EPS for the quarter. The company earned $0.83 million during the quarter. Singularity Future Technology had a negative trailing twelve-month return on equity of 34.35% and a negative net margin of 137.89%.

When did Singularity Future Technology's stock split?

Shares of Singularity Future Technology reverse split on Friday, February 9th 2024. The 1-10 reverse split was announced on Friday, February 9th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Friday, February 9th 2024. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

How do I buy shares of Singularity Future Technology?

Shares of SGLY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Singularity Future Technology own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Singularity Future Technology investors own include NVIDIA (NVDA), Meta Platforms (META), Pfizer (PFE), Advanced Micro Devices (AMD), PayPal (PYPL), Tesla (TSLA) and Robinhood Markets (HOOD).

Company Calendar

• Last Earnings: 10/15/2024
• Today: 11/18/2024
• Fiscal Year End: 6/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Freight transportation arrangement
• Sub-Industry: Transportation
• Current Symbol: NASDAQ:SGLY
• CUSIP: N/A
• CIK: 1422892
• Web: www.sino-global.net
• Phone: (718) 888-1814
• Fax: 718-888-1148
• Employees: 40
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.69)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-5,110,000.00
• Net Margins: -137.89%
• Pretax Margin: -174.43%
• Return on Equity: -34.35%
• Return on Assets: -23.55%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.42
• Quick Ratio: 3.42

Sales & Book Value

• Annual Sales: $3.14 million
• Price / Sales: 1.97
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $3.78 per share
• Price / Book: 0.47

Miscellaneous

• Outstanding Shares: 3,500,000
• Free Float: 3,146,000
• Market Cap: $6.20 million
• Optionable: No Data
• Beta: 1.01