The trading price of Cheetah Net Supply Chain Service Inc (NASDAQ:CTNT) closed higher on Tuesday, July 16, closing at $0.49, 1.42% higher than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $14.76 and a 52-week low of $0.40. Over the past month, the stock has lost -6.81% in value.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Cheetah Net Supply Chain Service Inc, whose market valuation is $16.00 million at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by -0.01 per share this quarter, however they have predicted annual earnings per share of 0.01 for current year and 0.08 for next year.
Analysts have forecast the company to bring in revenue of 2.7M for the current quarter, with the likely lows of 2.7M and highs of 2.7M. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 17.2M.
On the technical side, indicators suggest CTNT has a 50% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a Hold, while an average of long term indicators suggests that the stock is currently 50% Sell.
A quick review shows that CTNT’s price is currently 4.26% off the SMA20 and -69.41% off the SMA50. The RSI metric on the 14-day chart is currently showing 44.19, and weekly volatility stands at 17.13%. When measured over the past 30 days, the indicator reaches 13.49%. Cheetah Net Supply Chain Service Inc (NASDAQ:CTNT)’s beta value is currently sitting at 0, while the Average True Range indicator is currently displaying 0.24.
To see how Cheetah Net Supply Chain Service Inc stock has been performing in comparison to its peers in the industry, here are the numbers: CTNT stock’s performance was 1.42% in the latest trading.
An evaluation of the daily trading volume of Cheetah Net Supply Chain Service Inc (NASDAQ:CTNT) indicates that the 3-month average is 6.13 million.
Currently, records show that 32.40 million of the company’s shares remain outstanding. The insiders hold 37.55% of outstanding shares, whereas institutions hold 0.02%. However, since the stock’s price has seen -62.01% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
