Singularity Future Technology Ltd. (SGLY)
Singularity Future Technology Ltd. operates in the Integrated Freight & Logistics industry of the Industrials sector, headquartered in New York, NY, US. The stock last traded at $6.04, down 1.79% on the session, giving a market capitalisation of $44.1M. On trailing twelve-month figures it carries a trailing P/E of -0.24, a net margin of -493.5%. Its beta of 1.59 implies it has historically moved more than the broad market.
Singularity Future Technology Ltd. (SGLY) is an entity engaged in two distinct business areas. On the technology front, the company specializes in creating solutions for advanced, interconnected AI networks, particularly within the dynamic landscape of AI and Blockchain-powered supply chain management. It also establishes and manages cryptocurrency mining operations. Complementing its tech ventures, SGLY maintains a presence in the logistics sector, offering ship management and a variety of shipping logistics and agency services to its global customer base. Founded in 2001 and based in Great Neck, New York, the company was previously known as Sino-Global Shipping America, Ltd., before officially changing its name to Singularity Future Technology Ltd. in January 2022.
Singularity Future Technology Ltd. is most often compared with the following Industrials names: