Cheetah Net Supply Chain Service Inc (NASDAQ: CTNT)’s stock price has increased by 229.14 compared to its previous closing price of 1.87. However, the company has seen a 222.25% increase in its stock price over the last five trading sessions. globenewswire.com reported 2024-12-02 that IRVINE, Calif., Dec. 02, 2024 (GLOBE NEWSWIRE) — Cheetah Net Supply Chain Service Inc. (“Cheetah” or the “Company”) (Nasdaq CM: CTNT) today announced that it has executed definitive agreements (the “Agreements”) for the acquisition (the “Acquisition”) of TW & EW Services Inc, a California-based labor and logistics service provider (“TW & EW”). The Acquisition is expected to close on or about December 4, 2024. With TW & EW’s integration, Cheetah expects to capitalize on additional service opportunities, and strengthen its position as a comprehensive supply chain solutions provider.
Is It Worth Investing in Cheetah Net Supply Chain Service Inc (NASDAQ: CTNT) Right Now?
Additionally, the 36-month beta value for CTNT is 3.68. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for CTNT is 1.64M and currently, short sellers hold a 4.76% ratio of that float. The average trading volume of CTNT on December 03, 2024 was 138.60K shares.
CTNT’s Market Performance
CTNT stock saw an increase of 222.25% in the past week, with a monthly gain of 138.57% and a quarterly increase of 59.95%. The volatility ratio for the week is 6.50%, and the volatility levels for the last 30 days are 10.99% for Cheetah Net Supply Chain Service Inc (CTNT). The simple moving average for the last 20 days is 164.85% for CTNT stock, with a simple moving average of -60.23% for the last 200 days.
CTNT Trading at 107.58% 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 -97.39% of loss for the given period.
Volatility was left at 10.99%, however, over the last 30 days, the volatility rate increased by 6.50%, as shares surge +140.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +75.44% upper at present.
During the last 5 trading sessions, CTNT rose by +218.91%, which changed the moving average for the period of 200-days by -80.17% in comparison to the 20-day moving average, which settled at $2.3208. In addition, Cheetah Net Supply Chain Service Inc saw -70.41% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CTNT starting from Liu Huan, who proposed sale 45,938 shares at the price of $1.94 back on Sep 30 ’24. After this action, Liu Huan now owns shares of Cheetah Net Supply Chain Service Inc, valued at $89,120 using the latest closing price.
Chen Huoyuan, the 10% Owner of Cheetah Net Supply Chain Service Inc, sale 990,000 shares at $1.26 during a trade that took place back on May 21 ’24, which means that Chen Huoyuan is holding 0 shares at $1,247,400 based on the most recent closing price.
Stock Fundamentals for CTNT
Current profitability levels for the company are sitting at:
- -0.53 for the present operating margin
- 0.1 for the gross margin
The net margin for Cheetah Net Supply Chain Service Inc stands at -0.4. The total capital return value is set at -0.25. Equity return is now at value -28.60, with -20.27 for asset returns.
Based on Cheetah Net Supply Chain Service Inc (CTNT), the company’s capital structure generated 0.06 points at debt to capital in total, while cash flow to debt ratio is standing at 4.01. The debt to equity ratio resting at 0.06. The interest coverage ratio of the stock is -16.39.
Currently, EBITDA for the company is 1.56 million with net debt to EBITDA at 0.73. When we switch over and look at the enterprise to sales, we see a ratio of 7.07. The receivables turnover for the company is 1.19for trailing twelve months and the total asset turnover is 0.46. The liquidity ratio also appears to be rather interesting for investors as it stands at 14.86.
Conclusion
In conclusion, Cheetah Net Supply Chain Service Inc (CTNT) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
