Cheetah Net Supply Chain Service Inc (NASDAQ: CTNT) Emerges As Guiding Light For Investors

Cheetah Net Supply Chain Service Inc (NASDAQ:CTNT) currently has a daily average trading volume of 3.14M but it saw 9038095 shares traded in last market. With a market cap of 10.93M USD, the company’s current market price of $0.28 came rising about 20.58 while comparing to the previous closing price of $0.23. In past 52 weeks, the stock remained buoying in the range of price level as high as $14.76 and as low as $0.20. In the recent trading on the day, stock has struck highest price mark of $0.2335 while lowest mark touched by it was $0.2949.

Taking a look at 20-day trading activity of Cheetah Net Supply Chain Service Inc (CTNT) gives us an average price of $0.2414, while its current price level is -98.09% below from 52-week high level whereas it is 40.60% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.3174 while that of 200 days or SMA-200 reads an average of $1.3087. A closer look into the stock’s movement over the week reveals that its volatility is standing at 12.02% during that period while stretching the period over a month that increases to 13.95%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 51.03 which implies that the stock is in neutral territory.

Over the week, CTNT’s stock price is moving 16.92% up while it is 21.26% when we observe its performance for the past one month. Year-to-date it is -78.37% down and over the past year, the stock is showing a downside performance of -87.28%.

Currently, Cheetah Net Supply Chain Service Inc’s total number of outstanding shares is 38.88M. Company’s return on investment (ROI) stands at -7.26% and return on equity (ROE) at -12.54%. Stock’s beta reads 3.96. Stock has a price to book (P/B) ratio of 0.63 while price to sale or P/S ratio amounts to 0.62. Its return on asset (ROA) is -7.80% on average.