Maxim Group Lowers Cheetah Net Supply Chain Service (NASDAQ:CTNT) Price Target to $4.00

Cheetah Net Supply Chain Service (NASDAQ:CTNTGet Free Report) had its target price cut by stock analysts at Maxim Group from $5.00 to $4.00 in a research report issued on Wednesday, Benzinga reports. The firm presently has a “buy” rating on the stock. Maxim Group’s price target suggests a potential upside of 120.99% from the stock’s current price.

Cheetah Net Supply Chain Service Price Performance

CTNT opened at $1.81 on Wednesday. The business has a fifty day simple moving average of $1.63 and a 200-day simple moving average of $1.61. The company has a debt-to-equity ratio of 0.09, a current ratio of 4.16 and a quick ratio of 1.42. Cheetah Net Supply Chain Service has a fifty-two week low of $0.92 and a fifty-two week high of $6.90.

Cheetah Net Supply Chain Service (NASDAQ:CTNTGet Free Report) last announced its quarterly earnings data on Monday, March 18th. The company reported $0.01 earnings per share (EPS) for the quarter. The firm had revenue of $5.84 million for the quarter.

About Cheetah Net Supply Chain Service

(Get Free Report)

Cheetah Net Supply Chain Service Inc, together with its subsidiaries, engages in the parallel-import vehicle dealership business in the People's Republic of China, the United States, and internationally. 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.

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