Cheetah Net Supply Chain Service Inc (NASDAQ: CTNT) Forecasts And Short-Term Estimates

In the latest trading session, 99.67 million Cheetah Net Supply Chain Service Inc (NASDAQ:CTNT) shares changed hands as the company’s beta touched 3.68. With the company’s most recent per share price at $5.40 changing hands around $3.53 or 188.76% at last look, the market valuation stands at $57.84M. CTNT’s current price is a discount, trading about -4273.33% off its 52-week high of $236.16. The share price had its 52-week low at $1.70, which suggests the last value was 68.52% up since then. When we look at Cheetah Net Supply Chain Service Inc’s average trading volume, we note the 10-day average is 74180.0 shares, with the 3-month average coming to 138.60K.

Cheetah Net Supply Chain Service Inc (NASDAQ:CTNT) trade information

Instantly CTNT is in green as seen in intraday trades today. With action 182.72%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -74.04%, with the 5-day performance at 182.72% in the green. However, in the 30-day time frame, Cheetah Net Supply Chain Service Inc (NASDAQ:CTNT) is 109.30% up. Looking at the short shares, we see there were 0.14 million shares sold at short interest cover period of 0.66 days.

Cheetah Net Supply Chain Service Inc (CTNT) estimates and forecasts

Year-over-year growth is forecast to reach -95.04% down from the last financial year.

Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 100k. 1 analysts are of the opinion that Cheetah Net Supply Chain Service Inc’s revenue for the current quarter will be 200k. The company’s revenue for the corresponding quarters a year ago was 5.84M and 1.51M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -98.29%. The estimates for the next quarter sales put growth at -86.74%.

The 2024 estimates are for Cheetah Net Supply Chain Service Inc earnings to decrease by -1725.00%.

CTNT Dividends

Cheetah Net Supply Chain Service Inc is expected to release its next quarterly earnings report in January.

Cheetah Net Supply Chain Service Inc (NASDAQ:CTNT)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 26.04% of Cheetah Net Supply Chain Service Inc shares while 3.34% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 4.51%.

Among Mutual Funds, the top two as of Sep 30, 2024 were Fidelity Extended Market Index Fund and Vanguard Total Stock Market Index Fund. With 9.79 shares estimated at $51995.0 under it, the former controlled 0.50% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 0.17% of the shares, roughly 3.23 shares worth around $17177.0.