Cheetah Net Supply Chain Service (NASDAQ:CTNT – Get Free Report) released its quarterly earnings data on Thursday, August 13th. The company reported $0.04 EPS for the quarter, beating the consensus estimate of ($99.00) by $99.04, Zacks reports. The firm had revenue of $0.87 million for the quarter, compared to the consensus estimate of $0.10 million. Cheetah Net Supply Chain Service had a negative net margin of 206.70% and a negative return on equity of 7.88%.
Cheetah Net Supply Chain Service Stock Performance
Shares of NASDAQ CTNT traded down $0.16 during trading hours on Wednesday, reaching $2.71. 305,513 shares of the stock were exchanged, compared to its average volume of 149,556. The firm has a market capitalization of $54,200.00, a price-to-earnings ratio of -0.00 and a beta of -1.00. The stock’s fifty day simple moving average is $180.97 and its 200 day simple moving average is $7,693.29. The company has a debt-to-equity ratio of 0.01, a quick ratio of 47.56 and a current ratio of 47.56. Cheetah Net Supply Chain Service has a 52 week low of $2.65 and a 52 week high of $63,600.00.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Cheetah Net Supply Chain Service in a report on Monday, September 14th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.
Cheetah Net Supply Chain Service Company Profile
Cheetah Net Supply Chain Service Limited (NASDAQ: CTNT) is a supply chain services company focused primarily on the parallel importation and distribution of automobiles. Through its operating subsidiaries, the company sources vehicles from the United States and facilitates their sale and delivery to customers and automotive dealers in overseas markets, particularly China.
The company’s activities may include vehicle procurement, export coordination, international transportation, customs-related support and other logistics services associated with cross-border automobile transactions.
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