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) earnings per share (EPS) 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 in the prior year, the firm posted $0.12 earnings per share.

Cheetah Net Supply Chain Service Stock Performance

Cheetah Net Supply Chain Service stock opened at $1.57 on Tuesday. Cheetah Net Supply Chain Service has a 12-month low of $1.54 and a 12-month high of $236.16. The company has a quick ratio of 14.86, a current ratio of 14.85 and a debt-to-equity ratio of 0.04. The business’s 50-day moving average price is $2.12 and its two-hundred day moving average price is $2.81. The stock has a market cap of $4.20 million, a PE ratio of -0.78 and a beta of 2.01.

About Cheetah Net Supply Chain Service

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.