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Cheetah Net Elects Directors, Approves Key Proposals

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Cheetah Net Elects Directors, Approves Key Proposals

TipRanks Cyber Monday Sale

Cheetah Net Supply Chain Service, Inc. Class A ( (CTNT) ) has provided an announcement.

At the recent annual meeting, Cheetah Net Supply Chain Service, Inc. Class A‘s stockholders elected five directors to serve until the 2026 annual meeting. Additionally, they ratified the appointment of Assentsure PAC as the independent registered public accounting firm for the year ending December 31, 2025. The stockholders also approved several proposals, including a reverse stock split of the company’s common stock and the potential issuance of shares exceeding 20% of the outstanding common stock upon conversion of certain convertible notes. Furthermore, they agreed to adjourn the meeting if necessary to gather more votes.

The most recent analyst rating on (CTNT) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Cheetah Net Supply Chain Service, Inc. Class A stock, see the CTNT Stock Forecast page.

Spark’s Take on CTNT Stock

According to Spark, TipRanks’ AI Analyst, CTNT is a Neutral.

Cheetah Net Supply Chain Service, Inc. has a low overall stock score due to significant financial challenges, bearish technical indicators, and poor valuation metrics. The financial performance is the most significant factor, with declining revenues and profitability issues. Technical analysis further supports a negative outlook, with the stock in a downtrend and oversold conditions. Valuation metrics are unfavorable, with a negative P/E ratio and no dividend yield.

To see Spark’s full report on CTNT stock, click here.

More about Cheetah Net Supply Chain Service, Inc. Class A

Average Trading Volume: 118,727

Technical Sentiment Signal: Sell

Current Market Cap: $4.39M

See more insights into CTNT stock on TipRanks’ Stock Analysis page.

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