Last Updated: 16 Sep 2024
Executive Summary
Singularity Future Technology Ltd (SGLY) is a company in the transportation sector. The stock is currently trading at $1.46, near its 52-week low of $1.44. The company has a market capitalization of $5.64 million and has been experiencing negative earnings and revenue growth. The company's fundamentals and technicals are both weak, and analysts have not provided any ratings for the stock.
Company Overview
Singularity Future Technology Ltd is a provider of transportation and logistics services. The company offers a range of services, including freight forwarding, warehousing, and distribution. Singularity Future Technology Ltd has a global presence, with operations in North America, Asia, and Europe.
Fundamental Analysis
Singularity Future Technology Ltd's financials are weak. The company has been reporting negative earnings and revenue growth for the past several quarters. In the most recent quarter, the company reported a loss per share of $12.03 and a revenue decline of 0.412% year-over-year. The company's gross profit margin is also low, at 16.26%.
The company's balance sheet is also weak. Singularity Future Technology Ltd has a high level of debt and a low level of cash. The company's debt-to-equity ratio is 1.36, and its current ratio is 0.85.
Technical Analysis
Singularity Future Technology Ltd's technicals are also weak. The stock is trading below its 50-day and 200-day moving averages. The stock's relative strength index (RSI) is also low, at 27.36.
Short Term Outlook
The short-term outlook for Singularity Future Technology Ltd is negative. The stock is trading near its 52-week low, and the company's fundamentals and technicals are both weak. The stock is likely to continue to decline in the short term.
Long Term Outlook
The long-term outlook for Singularity Future Technology Ltd is also negative. The company's business model is not sustainable, and the company is likely to continue to experience financial difficulties. The stock is likely to continue to decline in the long term.
Analyst Recommendations
No analysts have provided any ratings for Singularity Future Technology Ltd.
