Forward Air Corporation (NASDAQ:FWRD) announced that on Wednesday, May 28, 2014, at approximately 11:00 a.m. EDT, it will make a presentation at the KeyBanc Capital Markets’ 2014 Industrial, Automotive and Transportation Conference at the InterContinental Hotel in Boston, MA. Interested parties may listen to the presentation via a live Internet webcast athttp://wsw.com/webcast/key4/fwrd or on the Investor Relations portion of the Company’s website at www.forwardair.com. Forward Air Corporation (NASDAQ:FWRD) net profit margin is 7.90% and weekly performance is 2.54%. On last trading day company shares ended up $43.97. Analysts mean target price for the company is $50.14. Forward Air Corporation (NASDAQ:FWRD) distance from 50-day simple moving average (SMA50) is -1.28%.
Radiant Logistics Inc (NASDAQ:RLGT) COO Daniel Stegemoller unloaded 25,000 shares of the company’s stock on the open market in a transaction that occurred on Monday, May 19th. The stock was sold at an average price of $3.01, for a total value of $75,250.00. Following the transaction, the chief operating officer now directly owns 332,360 shares in the company, valued at approximately $1,000,404. Radiant Logistics Inc (NYSEMKT:RLGT) ended the day on $ 3.05 . Gross Margin is 29.40% and its return on assets is 5.20%. Radiant Logistics Inc (NYSEMKT:RLGT) quarterly performance is 1.67%.
On May 13, Sino-Global Shipping America, Ltd. (NASDAQ:SINO) an international shipping agency and logistic services provider, announced its financial results for the fiscal 2014 third quarter ended March 31, 2014. Total revenues decreased by 10.5% to $2,092,525 for the three months ended March 31, 2014 from $2,339,074 for the same period of 2013. The decline in total revenues was mainly due to decline in our Shipping Agency business, partially offset by our newly developed Inland Transportation Management Services business. Our Shipping Agency business continued to be negatively impacted by the softening of the Chinese economy and decreased 47.6% to $1,226,015 for the three months ended March 31, 2014 from $2,339,074 for the same period of 2013. Sino-Global Shipping America, Ltd. (NASDAQ:SINO) shares moved up 1.21% in last trading session and was closed at $2.51, while trading in range of $2.48 -$2.51. Sino-Global Shipping America, Ltd. (NASDAQ:SINO) year to date (YTD) performance is 0.40%.
Air T, Inc. (Nasdaq:AIRT) announced that its Board of Directors has approved a change to its dividend policy, ending the payment of dividends, and has adopted resolutions authorizing the repurchase of up to 750,000 shares of Air T common stock from time to time. Prior to this action, Air T’s policy had been to pay a regularly scheduled annual cash dividend in the first quarter of each fiscal year. Air T, Inc. (NASDAQ:AIRT) ended the last trading day at $11.77. Company weekly volatility is calculated as 1.39% and price to cash ratio as 4.01. Air T, Inc. (NASDAQ:AIRT) showed a positive/negative weekly performance of -1.75%.
China Metro-Rural Holdings Limited (NYSEMKT:CNR) is pleased to inform its shareholders that its Form 20-F for the fiscal year ended March 31, 2014 (“2014 Form 20-F”) is set to be filed on July 11, 2014. The 2014 Form 20-F is expected to be filed with the Securities and Exchange Commission before markets open. China Metro Rural Holdings Ltd (NYSEMKT:CNR) net profit margin is 33.70% and weekly performance is -11.43%. On last trading day company shares ended up $0.930. China Metro Rural Holdings Ltd (NYSEMKT:CNR) distance from 50-day simple moving average (SMA50) is -4.02%.