In the past week, CTNT stock has gone up by 0.70%, with a monthly decline of -10.56% and a quarterly surge of 18.03%. The volatility ratio for the week is 17.03%, and the volatility levels for the last 30 days are 13.03% for Cheetah Net Supply Chain Service Inc The simple moving average for the past 20 days is -7.20% for CTNT’s stock, with a -18.05% simple moving average for the past 200 days.
Is It Worth Investing in Cheetah Net Supply Chain Service Inc (NASDAQ: CTNT) Right Now?
Cheetah Net Supply Chain Service Inc (NASDAQ: CTNT) has a higher price-to-earnings ratio of 177.78x compared to its average ratio. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for CTNT is 1.55M, and currently, short sellers hold a 2.10% ratio of that float. The average trading volume of CTNT on May 01, 2024 was 63.79K shares.
CTNT) stock’s latest price update
The stock of Cheetah Net Supply Chain Service Inc (NASDAQ: CTNT) has increased by 14.29 when compared to last closing price of 1.26.Despite this, the company has seen a gain of 0.70% in its stock price over the last five trading days. InvestorPlace reported 2024-04-30 that While I have written quite a few articles lately on shifting some of your gains into defensive stocks and safe dividend stocks, I still think that it is very important to keep some potential multibagger growth stocks in your portfolio. No one truly knows where the market is headed.
CTNT Trading at -18.99% from the 50-Day Moving Average
After a stumble in the market that brought CTNT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -79.13% of loss for the given period.
Volatility was left at 13.03%, however, over the last 30 days, the volatility rate increased by 17.03%, as shares sank -18.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -25.00% lower at present.
During the last 5 trading sessions, CTNT rose by +0.70%, in comparison to the 20-day moving average, which settled at $1.5358. In addition, Cheetah Net Supply Chain Service Inc saw 10.77% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for CTNT
Current profitability levels for the company are sitting at:
- 0.03 for the present operating margin
- 0.11 for the gross margin
The net margin for Cheetah Net Supply Chain Service Inc stands at 0.0. The total capital return value is set at 0.16.
Based on Cheetah Net Supply Chain Service Inc (CTNT), the company’s capital structure generated 0.25 points at debt to capital in total, while cash flow to debt ratio is standing at 2.19. The debt to equity ratio resting at 0.34. The interest coverage ratio of the stock is 1.13.
Currently, EBITDA for the company is 1.53 million with net debt to EBITDA at 1.53. When we switch over and look at the enterprise to sales, we see a ratio of 0.78. The receivables turnover for the company is 5.18for trailing twelve months and the total asset turnover is 3.59. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.16.
Conclusion
To put it simply, Cheetah Net Supply Chain Service Inc (CTNT) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
