Shengfeng Development Limited (NASDAQ:SFWL – Get Free Report) was up 0.5% on Monday . The company traded as high as $1.05 and last traded at $1.03. Approximately 1,879 shares changed hands during mid-day trading, a decline of 91% from the average daily volume of 21,216 shares. The stock had previously closed at $1.02.
Shengfeng Development Price Performance
The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.13. The stock has a 50 day simple moving average of $0.99 and a two-hundred day simple moving average of $0.99.
About Shengfeng Development
Shengfeng Development Limited, through its subsidiaries, provides contract logistics services in the People's Republic of China. The company offers business-to-business freight transportation services, such as full truckload and less than truckload; and cloud storage services, including warehouse management, order fulfillment, delivery process management, in-warehouse processing, and inventory optimization management services.
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