On Tuesday, Cheetah Net Supply Chain Service Inc (NASDAQ: CTNT) was -6.31% drop from the session before settling in for the closing price of $0.28. A 52-week range for CTNT has been $0.20 – $14.76.
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Annual sales at Consumer Cyclical sector company grew by 5.08% over the past five years. When this article was written, the company’s average yearly earnings per share was at -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 and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Cheetah Net Supply Chain Service Inc stocks. 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) Latest Financial update
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
You can see what Cheetah Net Supply Chain Service Inc (CTNT) is doing with its current performance indicators. In the most recent 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 0.58. Likewise, its price to free cash flow for the trailing twelve months is 5.30.
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 2.69 million, a negative change from its year-to-date volume of 2.95 million. As of the previous 9 days, the stock’s Stochastic %D was 71.87%. Additionally, its Average True Range was 0.04.
During the past 100 days, Cheetah Net Supply Chain Service Inc’s (CTNT) raw stochastic average was set at 0.43%, which indicates a significant decrease from 58.84% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 134.95% in the past 14 days, which was lower than the 509.17% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.3002, while its 200-day Moving Average is $1.2844. Nevertheless, the first resistance level for the watch stands at $0.2771 in the near term. At $0.2913, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.3014. If the price goes on to break the first support level at $0.2528, it is likely to go to the next support level at $0.2427. The third support level lies at $0.2285 if the price breaches the second support level.
Cheetah Net Supply Chain Service Inc (NASDAQ: CTNT) Key Stats
There are 17,916K outstanding shares of the company, which has a market capitalization of 10.23 million. As of now, sales total 38,320 K while income totals 130 K. Its latest quarter income was 290 K while its last quarter net income were -610 K.
