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After finishing at $0.21 in the prior trading day, Cheetah Net Supply Chain Service Inc (NASDAQ: CTNT) closed at $0.22, up 4.81%. In other words, the price has increased by $4.81 from its previous closing price. On the day, 0.48 million shares were traded. CTNT stock price reached its highest trading level at $0.22 during the session, while it also had its lowest trading level at $0.2073.
Ratios:
Our goal is to gain a better understanding of CTNT by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.43. For the most recent quarter (mrq), Quick Ratio is recorded 10.98 and its Current Ratio is at 10.98. In the meantime, Its Debt-to-Equity ratio is 0.14 whereas as Long-Term Debt/Eq ratio is at 0.08.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 21 ’24 when Chen Huoyuan sold 990,000 shares for $1.26 per share. The transaction valued at 1,247,400 led to the insider holds 0 shares of the business.
Chen Huoyuan sold 8,500 shares of CTNT for $36,720 on May 14 ’24. The 10% Owner now owns 990,000 shares after completing the transaction at $4.32 per share. On May 07 ’24, another insider, Chen Huoyuan, who serves as the 10% Owner of the company, sold 1,000 shares for $1.76 each. As a result, the insider received 1,760 and left with 998,900 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CTNT now has a Market Capitalization of 8553160 and an Enterprise Value of 2830572. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.48 while its Price-to-Book (P/B) ratio in mrq is 0.49. Its current Enterprise Value per Revenue stands at 0.16.
Stock Price History:
Over the past 52 weeks, CTNT has reached a high of $14.76, while it has fallen to a 52-week low of $0.19. The 50-Day Moving Average of the stock is -6.09%, while the 200-Day Moving Average is calculated to be -81.27%.
Shares Statistics:
The stock has traded on average 2.93M shares per day over the past 3-months and 1976420 shares per day over the last 10 days, according to various share statistics. A total of 38.88M shares are outstanding, with a floating share count of 25.66M. Insiders hold about 33.99% of the company’s shares, while institutions hold 7.93% stake in the company. Shares short for CTNT as of 1727654400 were 326357 with a Short Ratio of 0.11, compared to 1724976000 on 985504. Therefore, it implies a Short% of Shares Outstanding of 326357 and a Short% of Float of 1.4199998999999999.
