Cheetah Net Supply Chain Service Inc. (NASDAQ:CTNT) Insider Sells $299,515.76 in Stock

Cheetah Net Supply Chain Service Inc. (NASDAQ:CTNTGet Free Report) insider Huan Liu sold 45,938 shares of the business’s stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $6.52, for a total value of $299,515.76. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Cheetah Net Supply Chain Service Stock Performance

NASDAQ:CTNT opened at $3.00 on Friday. The company has a quick ratio of 14.86, a current ratio of 14.85 and a debt-to-equity ratio of 0.04. The firm’s fifty day simple moving average is $2.90 and its 200 day simple moving average is $5.27. The stock has a market cap of $5.88 million, a P/E ratio of -1.49 and a beta of 3.80. Cheetah Net Supply Chain Service Inc. has a twelve month low of $1.70 and a twelve month high of $236.16.

Institutional Investors Weigh In On Cheetah Net Supply Chain Service

An institutional investor recently bought a new position in Cheetah Net Supply Chain Service stock. Renaissance Technologies LLC acquired a new position in Cheetah Net Supply Chain Service Inc. (NASDAQ:CTNTFree Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 195,800 shares of the company’s stock, valued at approximately $81,000. Renaissance Technologies LLC owned 1.09% of Cheetah Net Supply Chain Service at the end of the most recent reporting period. 0.04% of the stock is currently owned by institutional investors.

About Cheetah Net Supply Chain Service

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Cheetah Net Supply Chain Service Inc, together with its subsidiaries, supplies parallel-import vehicles in the United States, the People's Republic of China, and internationally. It purchases and resell branded automobiles under the Mercedes, Lexus, Range Rover, RAM and Toyota brands. The company was formerly known as Yuan Qiu Business Group LLC and changed its name to Cheetah Net Supply Chain Service Inc in March 2022.

Further Reading

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