Cheetah Net Supply Chain Service (NASDAQ:CTNT) Announces Quarterly Earnings Results

Cheetah Net Supply Chain Service (NASDAQ:CTNT) posted its quarterly earnings results on Monday. The company reported ($2.65) earnings per share for the quarter, RTT News reports. Cheetah Net Supply Chain Service had a negative net margin of 39.91% and a negative return on equity of 29.42%. During the same period last year, the firm earned $0.12 earnings per share.

Cheetah Net Supply Chain Service Price Performance

Shares of NASDAQ CTNT opened at $1.62 on Wednesday. The stock’s 50-day simple moving average is $2.09 and its 200-day simple moving average is $2.80. The firm has a market capitalization of $4.33 million, a PE ratio of -0.80 and a beta of 2.01. Cheetah Net Supply Chain Service has a fifty-two week low of $1.54 and a fifty-two week high of $236.16. The company has a debt-to-equity ratio of 0.04, a quick ratio of 14.86 and a current ratio of 14.85.

Cheetah Net Supply Chain Service Company Profile

Cheetah Net Supply Chain Service Inc, together with its subsidiaries, supplies parallel-import vehicles in the United States, the People's Republic of China, and internationally. It purchases and resell branded automobiles under the Mercedes, Lexus, Range Rover, RAM and Toyota brands. The company was formerly known as Yuan Qiu Business Group LLC and changed its name to Cheetah Net Supply Chain Service Inc in March 2022.