Cheetah Net Supply Chain Service Inc. (NASDAQ:CTNT) Insider Huan Liu Sells 45,938 Shares

Cheetah Net Supply Chain Service Inc. (NASDAQ:CTNT) insider Huan Liu sold 45,938 shares of the company’s stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of $6.52, for a total value of $299,515.76. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Cheetah Net Supply Chain Service Stock Performance

Shares of CTNT traded down $0.46 during midday trading on Thursday, reaching $3.10. 690,889 shares of the stock were exchanged, compared to its average volume of 666,277. The company has a market capitalization of $6.08 million, a price-to-earnings ratio of -1.57 and a beta of 3.80. The company has a debt-to-equity ratio of 0.04, a current ratio of 14.85 and a quick ratio of 14.86. Cheetah Net Supply Chain Service Inc. has a twelve month low of $1.70 and a twelve month high of $236.16. The business’s 50-day moving average price is $2.92 and its 200 day moving average price is $7.01.

Hedge Funds 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 bought a new stake in Cheetah Net Supply Chain Service Inc. (NASDAQ:CTNT) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 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 quarter. 0.04% of the stock is currently owned by institutional investors and hedge funds.

About Cheetah Net Supply Chain Service

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.