TIANCI INTERNATIONAL, INC.’s (NASDAQ:CIIT) Lock-Up Period Will Expire Tomorrow

TIANCI INTERNATIONAL’s (NASDAQ:CIIT) lock-up period will end on Tuesday, October 7th. TIANCI INTERNATIONAL had issued 1,750,000 shares in its initial public offering on April 10th. The total size of the offering was $7,000,000 based on an initial share price of $4.00. After the expiration of the company’s lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Wall Street Zen downgraded shares of TIANCI INTERNATIONAL to a “strong sell” rating in a report on Saturday, July 5th. Weiss Ratings reiterated a “sell (d-)” rating on shares of TIANCI INTERNATIONAL in a report on Saturday, September 27th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, TIANCI INTERNATIONAL has an average rating of “Sell”.

TIANCI INTERNATIONAL Stock Performance

CIIT stock opened at $0.63 on Monday. The firm has a fifty day simple moving average of $0.81. TIANCI INTERNATIONAL has a fifty-two week low of $0.51 and a fifty-two week high of $4.40. The stock has a market capitalization of $9.37 million and a price-to-earnings ratio of -3.73.

TIANCI INTERNATIONAL (NASDAQ:CIIT) last released its quarterly earnings results on Friday, October 3rd. The company reported ($0.09) earnings per share (EPS) for the quarter. TIANCI INTERNATIONAL had a negative net margin of 28.44% and a negative return on equity of 136.65%. The business had revenue of $2.28 million for the quarter.

TIANCI INTERNATIONAL Company Profile

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.