Cheetah Net Supply Chain Service Inc (CTNT) Stock AnalysisCTNTCheetah Net Supply Chain Service Inc

Cheetah Net Supply Chain Service Inc. is a logistics and warehousing services provider. The Company is focused on logistics and warehousing services. The logistics and warehousing business focus on providing freight forwarding services for clients shipping goods from the United States to mainland China or Hong Kong. It operates as a non-vessel-operating common carrier (NVOCC), bridging the gap between shippers and ocean carriers to facilitate the movement of cargo. By acting as its customers' the United States point of contact, we coordinate shipments on their behalf, leveraging its expertise and carrier network to streamline logistics. Its primary responsibilities include cargo storage, freight forwarding, the United States customs clearance, and labor services and cargo loading and unloading. The Company provides general labor and container loading and unloading workforce services to clients through TW & EW Services Inc.

Cheetah Net Supply Chain Service Inc is not a good buy right now due to significant financial losses and a very low price. The current price is $1.55, with a staggering year-to-date change of -100%. Additionally, the RSI is at an extremely low level of 11.687, indicating oversold conditions, but this does not suggest a buying opportunity given the company's ongoing struggles.