Insider Selling: Cheetah Net Supply Chain Service Inc. (NASDAQ:CTNT) Insider Sells 45,938 Shares of Stock

Cheetah Net Supply Chain Service Inc. (NASDAQ:CTNT - Get Free Report) 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 transaction of $299,515.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Cheetah Net Supply Chain Service Stock Performance

NASDAQ:CTNT opened at $3.10 on Friday. The stock has a market capitalization of $6.08 million, a P/E ratio of -1.53 and a beta of 3.80. The company has a current ratio of 14.85, a quick ratio of 14.86 and a debt-to-equity ratio of 0.04. Cheetah Net Supply Chain Service Inc. has a 1 year low of $1.70 and a 1 year high of $236.16. The firm has a 50 day moving average of $2.91 and a 200-day moving average of $6.98.

Hedge Funds Weigh In On Cheetah Net Supply Chain Service

A hedge fund recently bought a new stake in Cheetah Net Supply Chain Service stock. Renaissance Technologies LLC bought a new position in shares of Cheetah Net Supply Chain Service Inc. (NASDAQ:CTNT - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 195,800 shares of the company's stock, valued at approximately $81,000. Renaissance Technologies LLC owned about 1.09% of Cheetah Net Supply Chain Service as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 0.04% of the company's stock.

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.

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