A look at Cheetah Net Supply Chain Service Inc’s (CTNT) recent performance gives investors their first glimpse of hope.

On Friday, Cheetah Net Supply Chain Service Inc (NASDAQ: CTNT) opened higher 3.96% from the last session, before settling in for the closing price of $0.21. Price fluctuations for CTNT have ranged from $0.20 to $14.76 over the past 52 weeks.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 5.08%. Company’s average yearly earnings per share was noted -1100.00% at the time writing. With a float of $26.71 million, this company’s outstanding shares have now reached $38.88 million.

Considering the fact that the conglomerate employs 20 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 10.8%, operating margin of -6.58%, and the pretax margin is -9.03%.

Cheetah Net Supply Chain Service Inc (CTNT) Insider Activity

A key investor’s attitude towards the stock of the Auto & Truck Dealerships industry is another important factor to consider. The insider ownership of Cheetah Net Supply Chain Service Inc is 31.29%, while institutional ownership is 7.93%. The most recent insider transaction that took place on May 21 ’24, was worth 1,247,400. In this transaction 10% Owner of this company sold 990,000 shares at a rate of $1.26, taking the stock ownership to the 0 shares. Before that another transaction happened on May 14 ’24, when Company’s 10% Owner sold 8,500 for $4.32, making the entire transaction worth $36,720. This insider now owns 990,000 shares in total.

Cheetah Net Supply Chain Service Inc (CTNT) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.01) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.03 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -1100.00% per share during the next fiscal year.

Cheetah Net Supply Chain Service Inc (NASDAQ: CTNT) Trading Performance Indicators

Check out the current performance indicators for Cheetah Net Supply Chain Service Inc (CTNT). In the past quarter, the stock posted a quick ratio of 10.98. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.49. Likewise, its price to free cash flow for the trailing twelve months is 4.50.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.06, a number that is poised to hit -0.02 in the next quarter and is forecasted to reach -0.06 in one year’s time.

Technical Analysis of Cheetah Net Supply Chain Service Inc (CTNT)

Compared to the last year’s volume of 2.8 million, its volume of 0.97 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic%D was 32.84%. Additionally, its Average True Range was 0.07.

During the past 100 days, Cheetah Net Supply Chain Service Inc’s (CTNT) raw stochastic average was set at 0.16%, which indicates a significant decrease from 23.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 79.23% in the past 14 days, which was lower than the 507.26% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.4058, while its 200-day Moving Average is $1.4031. Nevertheless, the first resistance level for the watch stands at $0.2285 in the near term. At $0.2337, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.2439. If the price goes on to break the first support level at $0.2131, it is likely to go to the next support level at $0.2029. Should the price break the second support level, the third support level stands at $0.1977.

Cheetah Net Supply Chain Service Inc (NASDAQ: CTNT) Key Stats

There are currently 17,916K shares outstanding in the company with a market cap of 8.69 million. Presently, the company’s annual sales total 38,320 K according to its annual income of 130 K. Last quarter, the company’s sales amounted to 1,510 K and its income totaled -610 K.