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

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

Cheetah Net Supply Chain Service Stock Performance

Shares of Cheetah Net Supply Chain Service stock opened at $1.62 on Wednesday. The business has a 50-day simple moving average of $2.09 and a 200-day simple moving average of $2.80. 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 has a one year low of $1.54 and a one year high of $236.16. The company has a market cap of $4.33 million, a PE ratio of -0.80 and a beta of 2.01.

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.