A new trading day began on Tuesday, with Cheetah Net Supply Chain Service Inc (NASDAQ: CTNT) stock price down -6.66% from the previous day of trading, before settling in for the closing price of $0.24. CTNT’s price has ranged from $0.20 to $14.76 over the past 52 weeks.
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Annual sales at Consumer Cyclical sector company grew by 5.08% over the past five years. Meanwhile, its annual earnings per share averaged -1100.00%. With a float of $26.71 million, this company’s outstanding shares have now reached $38.88 million.
Let’s look at the performance matrix of the company that is accounted for 20 employees. 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 Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Auto & Truck Dealerships Industry. 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) Performance Highlights and Predictions
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 0 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 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
Here are Cheetah Net Supply Chain Service Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 10.98. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.48. Likewise, its price to free cash flow for the trailing twelve months is 4.43.
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)
Cheetah Net Supply Chain Service Inc (NASDAQ: CTNT) saw its 5-day average volume 1.77 million, a negative change from its year-to-date volume of 3.01 million. As of the previous 9 days, the stock’s Stochastic %D was 16.30%. Additionally, its Average True Range was 0.05.
During the past 100 days, Cheetah Net Supply Chain Service Inc’s (CTNT) raw stochastic average was set at 0.14%, which indicates a significant decrease from 11.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 163.96% in the past 14 days, which was lower than the 508.42% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.3417, while its 200-day Moving Average is $1.3466. Nevertheless, the first resistance level for the watch stands at $0.2286 in the near term. At $0.2370, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.2463. If the price goes on to break the first support level at $0.2109, it is likely to go to the next support level at $0.2016. Assuming the price breaks the second support level, the third support level stands at $0.1932.
Cheetah Net Supply Chain Service Inc (NASDAQ: CTNT) Key Stats
With a market capitalization of 8.56 million, the company has a total of 17,916K Shares Outstanding. Currently, annual sales are 38,320 K while annual income is 130 K. The company’s previous quarter sales were 290 K while its latest quarter income was -610 K.
