The price of Cheetah Net Supply Chain Service Inc (NASDAQ:CTNT) shares last traded on Wall Street rose 9.05% to $0.96.
CTNT stock price is now -58.35% away from the 50-day moving average and -47.81% away from the 200-day moving average. The market capitalization of the company currently stands at $31.10M.
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In other news, Xiao Yan, 10% Owner sold 1,500,000 shares of the company’s stock on May 21 ’24. The stock was sold for $4,365,000 at an average price of $2.91. Upon completion of the transaction, the 10% Owner now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On May 21 ’24, 10% Owner Yuan Ying-Chang sold 1,200,000 shares of the business’s stock. A total of $3,036,000 was realized by selling the stock at an average price of $2.53. A total of 71.04% of the company’s stock is owned by insiders.
During the past 12 months, Cheetah Net Supply Chain Service Inc has had a low of $0.81 and a high of $14.76. As of last week, the company has a debt-to-equity ratio of 0.29, a current ratio of 5.07, and a quick ratio of 4.94. The fifty day moving average price for CTNT is $2.30478 and a two-hundred day moving average price translates $1.839445 for the stock.
The latest earnings results from Cheetah Net Supply Chain Service Inc (NASDAQ: CTNT) was released for 2023-12-31. According to the Auto & Truck Dealerships Company, earnings per share came in at 0, missing analysts’ expectations of 0.01 by -0.01. This compares to -$0.01 EPS in the same period last year. The net profit margin was -1.24% and return on equity was -6.52% for CTNT. The company reported revenue of $1.51 million for the quarter, compared to $10.21 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -85.24 percent. For the current quarter, analysts expect CTNT to generate $2.7M in revenue.
