Cheetah Net Supply Chain Service (NASDAQ:CTNT) Posts Earnings Results, Misses Estimates By $0.07 EPS

Cheetah Net Supply Chain Service (NASDAQ:CTNT) released its earnings results on Friday. The company reported ($0.32) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.25) by ($0.07), FiscalAI reports. The business had revenue of $0.09 million for the quarter, compared to analysts’ expectations of $0.30 million. Cheetah Net Supply Chain Service had a negative return on equity of 35.67% and a negative net margin of 333.29%.

Cheetah Net Supply Chain Service Trading Up 3.4%

CTNT traded up $0.05 on Friday, hitting $1.53. The company had a trading volume of 211,397 shares, compared to its average volume of 77,541. The business’s fifty day simple moving average is $1.35 and its 200 day simple moving average is $1.48. The company has a quick ratio of 7.51, a current ratio of 7.51 and a debt-to-equity ratio of 0.06. Cheetah Net Supply Chain Service has a 12-month low of $1.03 and a 12-month high of $2.31. The company has a market cap of $4.17 million, a PE ratio of -1.91 and a beta of 1.46.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Cheetah Net Supply Chain Service in a research note on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Hedge Funds Weigh In On Cheetah Net Supply Chain Service

An institutional investor recently bought a new position in Cheetah Net Supply Chain Service stock. Two Sigma Investments LP acquired a new stake in Cheetah Net Supply Chain Service Inc. (NASDAQ:CTNT) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 17,750 shares of the company’s stock, valued at approximately $32,000. Two Sigma Investments LP owned about 0.65% of Cheetah Net Supply Chain Service as of its most recent SEC filing. 0.04% of the stock is currently owned by institutional investors.

About Cheetah Net Supply Chain Service

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.