Streetbeat News

SGLY

Singularity Future Technology Ltd.

Industry

Integrated Freight & Logistics

Singularity Future Technology Ltd. develops solutions for interconnected AI networks in the revolutionized AI and Blockchain suppl management area and establishes crypto mining pools. The company also operates as logistics and ship management services company. It serves customers worldwide with its shipping logistics and agency needs. The company was formerly known as Sino-Global Shipping America, Ltd. and changed its name to Singularity Future Technology Ltd. in January 2022. Singularity Future Technology Ltd. was founded in 2001 and is headquartered in Great Neck, New York.

Open

1.91

Mkt cap

5.7M

Volume

54K

High

1.96

P/E Ratio

-0.80

52-wk high

7.65

Low

1.63

Div yield

N/A

52-wk low

1.27

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Portfolio Pulse from Benzinga Insights

October 02, 2024 | 4:31 pm

Several industrial stocks experienced significant price movements in Friday's pre-market session. Expion360, Addentax Group, and Singularity Future Tech were among the top gainers, while Volato Group, Momentus, and Nikola saw notable declines.

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September 27, 2024 | 12:09 pm

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Oracle shares surged by 8.8% in pre-market trading after reporting better-than-expected earnings and sales for Q1. Additionally, Oracle and Amazon's AWS launched Oracle Database@AWS, enhancing Oracle's cloud offerings. Other stocks like Silexion Therapeutics and Quoin Pharmaceuticals also saw significant pre-market movements.

Portfolio Pulse from Avi Kapoor

September 10, 2024 | 10:41 am

Singularity Future Technology has filed with the SEC for a mixed shelf offering of up to $20 million. This move allows the company to raise capital through various financial instruments, which could be used for general corporate purposes or specific projects.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 4:34 pm

U.S. stocks fell with the Dow Jones down over 1%. Notable stock movements included Eastside Distilling's 208% rise due to a merger, and Applied Digital's 74% increase following a $160 million financing agreement. U.S. crude oil inventories dropped significantly, impacting oil prices.

Portfolio Pulse from Avi Kapoor

September 05, 2024 | 4:27 pm

Shares of Singularity Future Technology (SGLY) have resumed trading after a halt. This development is significant for investors monitoring the company's stock activity.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 3:59 pm

Shares of Singularity Future Technology (SGLY) were halted on a circuit breaker due to an upside movement, but the stock is now down by 41.9%.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 3:54 pm

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