Cheetah Net Supply Chain Service (NASDAQ:CTNT) Announces Quarterly Earnings Results

by · The Cerbat Gem

Cheetah Net Supply Chain Service (NASDAQ:CTNT – Get Free Report) announced its earnings results on Thursday. The company reported ($4.53) EPS for the quarter, topping the consensus estimate of ($10.00) by $5.47, FiscalAI reports. The firm had revenue of $0.09 million for the quarter, compared to the consensus estimate of $0.20 million. Cheetah Net Supply Chain Service had a negative return on equity of 34.16% and a negative net margin of 283.24%.

Cheetah Net Supply Chain Service Trading Down 11.5%

Shares of CTNT stock traded down $0.26 during mid-day trading on Thursday, hitting $2.01. The company’s stock had a trading volume of 298,780 shares, compared to its average volume of 1,606,001. The company’s fifty day simple moving average is $181.03 and its 200-day simple moving average is $235.91. Cheetah Net Supply Chain Service has a 52 week low of $1.95 and a 52 week high of $462.00. The company has a debt-to-equity ratio of 0.06, a quick ratio of 6.74 and a current ratio of 6.74. The company has a market cap of $361,800.00, a PE ratio of -0.01 and a beta of -0.61.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Cheetah Net Supply Chain Service in a report on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

Get Our Latest Stock Analysis on CTNT

Institutional Inflows and Outflows

An institutional investor recently raised its position in Cheetah Net Supply Chain Service stock. Citadel Advisors LLC lifted its holdings in Cheetah Net Supply Chain Service Inc. (NASDAQ:CTNT – Free Report) by 106.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 46,926 shares of the company’s stock after acquiring an additional 24,212 shares during the period. Citadel Advisors LLC owned approximately 1.72% of Cheetah Net Supply Chain Service worth $83,000 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 0.04% of the company’s stock.

Cheetah Net Supply Chain Service Company Profile

(Get Free Report)

Cheetah Net Supply Chain Service Group, Inc, through its subsidiaries, operates as an integrated supply chain service provider primarily focused on meeting the needs of cross-border e-commerce and consumer goods companies. The company delivers end-to-end supply chain solutions, leveraging an internet-driven platform to enhance transparency, efficiency and cost control across clients’ procurement and logistics operations.

Key offerings include supply chain design and consulting, global procurement and sourcing support, quality control and inspection, as well as bonded and non-bonded warehousing services.

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