Market Watch: Cheetah Net Supply Chain Service Inc (CTNT)’s Noteworthy Drop, Closing at 0.49

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As of close of business last night, Cheetah Net Supply Chain Service Inc’s stock clocked out at $0.49, down -1.80% from its previous closing price of $0.50. In other words, the price has decreased by -$1.80 from its previous closing price. On the day, 1.04 million shares were traded. CTNT stock price reached its highest trading level at $0.5225 during the session, while it also had its lowest trading level at $0.49.

Ratios:

To gain a deeper understanding of CTNT’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.68 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.97. For the most recent quarter (mrq), Quick Ratio is recorded 4.94 and its Current Ratio is at 5.07. In the meantime, Its Debt-to-Equity ratio is 0.29 whereas as Long-Term Debt/Eq ratio is at 0.16.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on May 23 ’24 when Tang Xiaolin sold 1,500,000 shares for $1.06 per share. The transaction valued at 1,590,000 led to the insider holds 0 shares of the business.

Xiao Yan sold 1,500,000 shares of CTNT for $4,365,000 on May 21 ’24. The 10% Owner now owns 0 shares after completing the transaction at $2.91 per share. On May 21 ’24, another insider, Yuan Ying-Chang, who serves as the 10% Owner of the company, sold 1,200,000 shares for $2.53 each. As a result, the insider received 3,036,000 and left with 0 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 15907565 and an Enterprise Value of 10734883. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.54 while its Price-to-Book (P/B) ratio in mrq is 1.22. Its current Enterprise Value per Revenue stands at 0.363.

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 $0.47. The 50-Day Moving Average of the stock is -74.48%, while the 200-Day Moving Average is calculated to be -71.16%.

Shares Statistics:

It appears that CTNT traded 5.32M shares on average per day over the past three months and 2629100 shares per day over the past ten days. A total of 32.40M shares are outstanding, with a floating share count of 20.23M. Insiders hold about 37.55% of the company’s shares, while institutions hold 0.02% stake in the company. Shares short for CTNT as of 1715731200 were 26754 with a Short Ratio of 0.15, compared to 1713139200 on 32498. Therefore, it implies a Short% of Shares Outstanding of 26754 and a Short% of Float of 0.16.

Earnings Estimates

At present, 1 analysts are actively evaluating the performance of Cheetah Net Supply Chain Service Inc (CTNT) in the stock market.On average, analysts expect EPS of -$0.01 for the current quarter, with a high estimate of -$0.01 and a low estimate of -$0.01, while EPS last year was $0. The consensus estimate for the next quarter is $0.01, with high estimates of $0.01 and low estimates of $0.01.

Analysts are recommending an EPS of between $0.01 and $0.01 for the fiscal current year, implying an average EPS of $0.01. EPS for the following year is $0.08, with 1.0 analysts recommending between $0.08 and $0.08.

Revenue Estimates

For the next quarter, 1 analysts are estimating revenue of $4.9M. There is a high estimate of $4.9M for the next quarter, whereas the lowest estimate is $4.9M.

A total of 1 analysts have provided revenue estimates for CTNT’s current fiscal year. The highest revenue estimate was $17.2M, while the lowest revenue estimate was $17.2M, resulting in an average revenue estimate of $17.2M. In the same quarter a year ago, actual revenue was $38.32MBased on 1 analysts’ estimates, the company’s revenue will be $36.4M in the next fiscal year. The high estimate is $36.4M and the low estimate is $36.4M.

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