Cheetah Net Supply Chain Service Inc. (NASDAQ:CTNT – Get Free Report) insider Huan Liu bought 200,000 shares of Cheetah Net Supply Chain Service stock in a transaction dated Monday, June 15th. The stock was acquired at an average cost of $2.00 per share, with a total value of $400,000.00. Following the completion of the acquisition, the insider directly owned 200,877 shares of the company’s stock, valued at approximately $401,754. The trade was a 22,805.02% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website.
Cheetah Net Supply Chain Service Price Performance
Shares of CTNT opened at $1.59 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 43.19 and a current ratio of 43.19. Cheetah Net Supply Chain Service Inc. has a fifty-two week low of $1.47 and a fifty-two week high of $424.00. The firm has a 50-day simple moving average of $33.65 and a 200-day simple moving average of $186.38. The company has a market capitalization of $4.71 million, a price-to-earnings ratio of -0.01 and a beta of -0.89.
Cheetah Net Supply Chain Service (NASDAQ:CTNT – Get Free Report) last issued its quarterly earnings results on Thursday, May 14th. The company reported ($4.53) earnings per share (EPS) for the quarter, beating the consensus estimate of ($10.00) by $5.47. Cheetah Net Supply Chain Service had a negative return on equity of 17.62% and a negative net margin of 389.47%.The firm had revenue of $0.09 million for the quarter, compared to analysts’ expectations of $0.20 million.
Wall Street Analysts Forecast Growth
Read Our Latest Research Report on CTNT
Institutional Inflows and Outflows
A hedge fund recently raised its position in Cheetah Net Supply Chain Service stock. Citadel Advisors LLC boosted its position in Cheetah Net Supply Chain Service Inc. (NASDAQ:CTNT – Free Report) by 106.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 46,926 shares of the company’s stock after purchasing an additional 24,212 shares during the period. Citadel Advisors LLC owned about 1.72% of Cheetah Net Supply Chain Service worth $83,000 as of its most recent filing with the Securities & Exchange Commission. 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.
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