Smart Logistics Global Limited’s (NASDAQ:SLGB) Lock-Up Period Will End on April 13th

Smart Logistics Global’s (NASDAQ:SLGB) lock-up period will end on Monday, April 13th. Smart Logistics Global had issued 1,000,000 shares in its initial public offering on October 15th. The total size of the offering was $5,000,000 based on an initial share price of $5.00. After the expiration of Smart Logistics Global’s lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

Analyst Ratings Changes

Separately, Weiss Ratings began coverage on shares of Smart Logistics Global in a research note on Friday, January 9th. They issued a “sell (e-)” rating for the company. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of “Sell”.

Smart Logistics Global Stock Down 3.9%

Shares of Smart Logistics Global stock opened at $0.92 on Wednesday. The business has a fifty day moving average price of $1.31. Smart Logistics Global has a 1-year low of $0.60 and a 1-year high of $6.08.

Institutional Trading of Smart Logistics Global

An institutional investor recently bought a new position in Smart Logistics Global stock. Geode Capital Management LLC acquired a new position in Smart Logistics Global Limited (NASDAQ:SLGB) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 24,897 shares of the company’s stock, valued at approximately $31,000. Geode Capital Management LLC owned about 0.06% of Smart Logistics Global at the end of the most recent quarter.

Smart Logistics Global Company Profile

Smart Logistics Global Limited is a business-to-business contract logistics solution provider. Smart Logistics Global Limited is based in Hong Kong.