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

Cheetah Net Supply Chain Service (NASDAQ:CTNT) released its quarterly 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 business posted $0.12 EPS.

Cheetah Net Supply Chain Service Stock Down 4.9 %

Shares of Cheetah Net Supply Chain Service stock opened at $1.55 on Monday. The business’s 50 day simple moving average is $2.15 and its 200 day simple moving average is $2.83. Cheetah Net Supply Chain Service has a 52-week low of $1.55 and a 52-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. The firm has a market cap of $4.14 million, a PE ratio of -0.77 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.