Singularity Future Technology (NASDAQ:SGLY) Releases Earnings Results

Singularity Future Technology (NASDAQ:SGLY) announced its quarterly earnings data on Wednesday. The company reported ($0.19) EPS for the quarter, Zacks reports. Singularity Future Technology had a negative return on equity of 33.51% and a negative net margin of 137.89%.

Singularity Future Technology Price Performance

Shares of SGLY traded down $0.01 during mid-day trading on Wednesday, reaching $0.85. The company had a trading volume of 13,462 shares, compared to its average volume of 2,151,577. Singularity Future Technology has a twelve month low of $0.66 and a twelve month high of $7.65. The company’s 50-day moving average is $1.71 and its 200-day moving average is $2.09. The company has a market capitalization of $2.98 million, a P/E ratio of -1.23 and a beta of 0.99.

About Singularity Future Technology

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.