Cheetah Net Supply Chain Service Inc (CTNT) is destined for greater heights as its last quarter sales were 60 K

Cheetah Net Supply Chain Service Inc (NASDAQ: CTNT) kicked off on Tuesday, up 161.50% from the previous trading day, before settling in for the closing price of $1.87. Over the past 52 weeks, CTNT has traded in a range of $1.70-$236.16.

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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. While this was happening, its average annual earnings per share was recorded -1725.00%. With a float of $1.64 million, this company’s outstanding shares have now reached $1.96 million.

In an organization with 20 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 10.02%, operating margin of -52.77%, and the pretax margin is -53.72%.

Cheetah Net Supply Chain Service Inc (CTNT) Insider Updates

Our next focus will be how large-scale investors are participating in this stock of the Auto & Truck Dealerships Industry. The insider ownership of Cheetah Net Supply Chain Service Inc is 84.67%, while institutional ownership is 2.01%. The most recent insider transaction that took place on Sep 30 ’24, was worth 89,120. Before that another transaction happened on May 21 ’24, when Company’s 10% Owner sold 990,000 for $1.26, making the entire transaction worth $1,247,400. This insider now owns 0 shares in total.

Cheetah Net Supply Chain Service Inc (CTNT) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around -1725.00% per share during the next fiscal year.

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

Take a look at Cheetah Net Supply Chain Service Inc’s (CTNT) current performance indicators. Last quarter, stock had a quick ratio of 14.86. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.80. Likewise, its price to free cash flow for the trailing twelve months is 17.58.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.05, a number that is poised to hit -0.55 in the next quarter and is forecasted to reach -1.75 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 22.69 million. That was better than the volume of 0.66 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 52.84%. Additionally, its Average True Range was 0.74.

During the past 100 days, Cheetah Net Supply Chain Service Inc’s (CTNT) raw stochastic average was set at 45.97%, which indicates a significant decrease from 46.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 406.64% in the past 14 days, which was higher than the 208.19% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.9400, while its 200-day Moving Average is $15.4700. However, in the short run, Cheetah Net Supply Chain Service Inc’s stock first resistance to watch stands at $7.3900. Second resistance stands at $9.9000. The third major resistance level sits at $11.2900. If the price goes on to break the first support level at $3.4900, it is likely to go to the next support level at $2.1000.

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

The company with the Market Capitalisation of 52.38 million has total of 1,960K Shares Outstanding. Its annual sales at the moment are 38,320 K in contrast with the sum of 130 K annual income. Company’s last quarter sales were recorded 60 K and last quarter income was -1,820 K.