Cheetah Net Supply Chain Service Inc (NASDAQ: CTNT) on Monday, plunged -2.88% from the previous trading day, before settling in for the closing price of $0.25. Within the past 52 weeks, CTNT’s price has moved between $0.19 and $14.76.
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A company in the Consumer Cyclical sector has jumped its sales by 5.08% annually for the last half of the decade. The company achieved an average annual earnings per share of -1100.00%. With a float of $25.66 million, this company’s outstanding shares have now reached $38.88 million.
In an organization with 20 employees, it is important to assess its efficiency. 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
Observing investor behavior towards Auto & Truck Dealerships industry stocks is more important than anything else. The insider ownership of Cheetah Net Supply Chain Service Inc is 33.99%, while institutional ownership is 7.97%. 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
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0 earnings per share (EPS) for the period falling under the consensus outlook (set at 0.01) by -0.01. 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
Cheetah Net Supply Chain Service Inc (CTNT) is currently performing well based on its current performance indicators. A quick ratio of 10.98 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.53. Likewise, its price to free cash flow for the trailing twelve months is 4.89.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 3.58 million. That was better than the volume of 2.83 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 57.49%. Additionally, its Average True Range was 0.03.
During the past 100 days, Cheetah Net Supply Chain Service Inc’s (CTNT) raw stochastic average was set at 6.98%, which indicates a significant decrease from 45.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 155.20% in the past 14 days, which was higher than the 140.84% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.2355, while its 200-day Moving Average is $1.1423. However, in the short run, Cheetah Net Supply Chain Service Inc’s stock first resistance to watch stands at $0.2599. Second resistance stands at $0.2769. The third major resistance level sits at $0.3019. If the price goes on to break the first support level at $0.2179, it is likely to go to the next support level at $0.1929. The third support level lies at $0.1759 if the price breaches the second support level.
Cheetah Net Supply Chain Service Inc (NASDAQ: CTNT) Key Stats
Market capitalization of the company is 9.44 million based on 17,916K outstanding shares. Right now, sales total 38,320 K and income totals 130 K. The company made 290 K in profit during its latest quarter, and -610 K in sales during its previous quarter.
