Smart Logistics Global Limited (NASDAQ:SLGB – Get Free Report) was the target of a large growth in short interest in October. As of October 30th, there was short interest totaling 922,274 shares, a growth of 557.2% from the October 15th total of 140,324 shares. Approximately 2.0% of the company’s shares are short sold. Based on an average daily volume of 31,116,270 shares, the short-interest ratio is presently 0.0 days.
Smart Logistics Global Trading Down 7.3%
NASDAQ SLGB opened at $0.18 on Wednesday. Smart Logistics Global has a 12 month low of $0.15 and a 12 month high of $4.22. The company’s 50 day simple moving average is $0.29 and its 200 day simple moving average is $0.73.
Wall Street Analysts Forecast Growth
Several analysts have recently weighed in on the company. Wall Street Zen upgraded Smart Logistics Global to a “hold” rating in a research note on Saturday, August 15th. Weiss Ratings upgraded shares of Smart Logistics Global from a “sell (d-)” rating to a “sell (d)” rating in a research note on Monday, November 2nd. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat, Smart Logistics Global currently has a consensus rating of “Sell”.
Read Our Latest Research Report on SLGB
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.
Featured Articles
- Five stocks we like better than Smart Logistics Global
- Why Kinder Morgan’s Chairman Just Bought $15 Million in Stock
- Rocket Lab’s Record Backlog Could Fuel a Rebound, But Neutron Raises the Stakes
- Don’t Let Their Low Yields Fool You: 3 Dividend Stocks Worth Watching
- A $4 Billion Jolt: NRG Energy Powers Data Center Ambitions
Receive News & Ratings for Smart Logistics Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Smart Logistics Global and related companies with MarketBeat.com's FREE daily email newsletter.
