Smart Logistics Global (NASDAQ:SLGB) Releases Earnings Results

Smart Logistics Global (NASDAQ:SLGB) posted its quarterly earnings results on Thursday. The company reported ($0.04) earnings per share for the quarter, FiscalAI reports. The company had revenue of $21.69 million during the quarter.

Smart Logistics Global Price Performance

Shares of NASDAQ:SLGB traded down $0.03 during midday trading on Friday, hitting $0.59. 97,853 shares of the stock were exchanged, compared to its average volume of 2,440,981. Smart Logistics Global has a 52-week low of $0.59 and a 52-week high of $6.08. The business’s fifty day simple moving average is $0.98 and its two-hundred day simple moving average is $1.59.

Analysts Set New Price Targets

Separately, Weiss Ratings assumed coverage on Smart Logistics Global in a research report on Friday, January 9th. They set a “sell (e-)” rating for the company. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has an average rating of “Sell”.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Smart Logistics Global stock. Geode Capital Management LLC purchased a new stake in shares of Smart Logistics Global Limited (NASDAQ:SLGB) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 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 reporting period.

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.