Smart Logistics Global (NASDAQ:SLGB) Rating Increased to Hold at Wall Street Zen

Wall Street Zen upgraded shares of Smart Logistics Global (NASDAQ:SLGB) to a hold rating in a research note released on Saturday morning.

Separately, Weiss Ratings raised Smart Logistics Global from a “sell (e)” rating to a “sell (d-)” rating in a report on Monday, July 13th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Smart Logistics Global presently has an average rating of “Sell”.

Smart Logistics Global Stock Performance

NASDAQ:SLGB opened at $0.55 on Friday. Smart Logistics Global has a 12-month low of $0.41 and a 12-month high of $6.08. The stock’s 50 day moving average price is $0.63 and its two-hundred day moving average price is $0.89.

Hedge Funds Weigh In On Smart Logistics Global

A hedge fund recently bought a new stake in Smart Logistics Global stock. Geode Capital Management LLC acquired a new stake in Smart Logistics Global Limited (NASDAQ:SLGB) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 24,897 shares of the company’s stock, valued at approximately $31,000. Geode Capital Management LLC owned 0.06% of Smart Logistics Global as of its most recent SEC filing.

About Smart Logistics Global

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