Tianci International (NASDAQ:CIIT) Releases Earnings Results

by · The Cerbat Gem

Tianci International (NASDAQ:CIIT – Get Free Report) issued its earnings results on Thursday. The company reported ($0.02) earnings per share (EPS) for the quarter, Zacks reports. Tianci International had a negative net margin of 28.44% and a negative return on equity of 120.23%. The business had revenue of $3.82 million for the quarter.

Tianci International Price Performance

Shares of CIIT stock opened at $0.51 on Friday. The stock has a fifty day moving average price of $0.59. Tianci International has a 1 year low of $0.30 and a 1 year high of $4.00. The stock has a market cap of $7.57 million and a price-to-earnings ratio of -3.01.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Tianci International in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

View Our Latest Stock Report on Tianci International

Tianci International Company Profile

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The Company’s primary line of business is global logistics. The Company through its subsidiary, Roshing, provides global logistics services, encompassing booking and the transportation arrangement and related logistics solutions. Roshing’s customized logistics solutions are tailored to meet the diverse needs of its customers.

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