Tianci International (NASDAQ:CIIT) Releases Quarterly Earnings Results

by · The Markets Daily

Tianci International (NASDAQ:CIIT – Get Free Report) issued its quarterly earnings results on Thursday. The company reported ($0.02) earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $3.82 million during the quarter. Tianci International had a negative return on equity of 120.23% and a negative net margin of 28.44%.

Tianci International Stock Performance

Shares of NASDAQ:CIIT traded up $0.00 during trading hours on Friday, hitting $0.51. 46,261 shares of the company’s stock traded hands, compared to its average volume of 858,835. The company’s fifty day simple moving average is $0.59. Tianci International has a 52 week low of $0.30 and a 52 week high of $4.00. The stock has a market cap of $7.57 million and a P/E ratio of -3.01.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Tianci International in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has an average rating of “Sell”.

Get Our Latest Analysis on CIIT

Tianci International Company Profile

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The Company’s primary line of business is global logistics. The Company through its subsidiary, Roshing, provides global logistics services, encompassing booking and the transportation arrangement and related logistics solutions. Roshing’s customized logistics solutions are tailored to meet the diverse needs of its customers.

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