TIANCI INTERNATIONAL (NASDAQ:CIIT) Announces Earnings Results

TIANCI INTERNATIONAL (NASDAQ:CIIT) posted its quarterly earnings results on Friday. The company reported ($0.09) earnings per share for the quarter, Zacks reports. TIANCI INTERNATIONAL had a negative net margin of 11.78% and a negative return on equity of 67.72%.

TIANCI INTERNATIONAL Price Performance

Shares of CIIT opened at $0.63 on Friday. TIANCI INTERNATIONAL has a twelve month low of $0.51 and a twelve month high of $4.40. The firm has a 50 day simple moving average of $0.81. The stock has a market cap of $9.37 million and a price-to-earnings ratio of -9.06.

Analyst Ratings Changes

CIIT has been the topic of a number of analyst reports. Wall Street Zen cut TIANCI INTERNATIONAL to a “strong sell” rating in a research note on Saturday, July 5th. Weiss Ratings restated a “sell (d-)” rating on shares of TIANCI INTERNATIONAL in a research note on Saturday, September 27th. 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”.

About TIANCI INTERNATIONAL

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.