SGLY Stock Summary and Trading Ideas (Singularity Future Technology Ltd. | NASDAQ:SGLY)

Singularity Future Technology Ltd is an investment holding company. The company's operating segment includes Freight Logistics Services and Sale of Crypto-mining Machines. It generates maximum revenue from the Freight Logistics Services segment. Geographically, it derives a majority of its revenue from China.

Singularity Future Technology Ltd. trades on the NASDAQ stock market under the symbol SGLY.

As of April 9, 2025, SGLY stock price was flat at $0.72 with 103,855 million shares trading.

SGLY has a beta of 2.74, meaning it tends to be more sensitive to market movements. SGLY has a correlation of 0.05 to the broad based SPY ETF.

SGLY has a market cap of $3.03 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, SGLY traded as high as $113.00 and as low as $.54.

The top ETF exchange traded funds that SGLY belongs to (by Net Assets): VXF.

SGLY has underperformed the market in the last year with a price return of -85.7% while the SPY ETF gained +7.1%. SGLY has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -64.8% and -18.5%, respectively, while the SPY returned -6.6% and -4.7%, respectively.

SGLY support price is $.61 and resistance is $.82 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SGLY shares will trade within this expected range on the day.