S&P 500 may face selling pressure as systematic funds reach full exposure
Cheetah Net Supply Chain Service (CTNT) stock has tumbled to a 52-week low, with shares dropping to $1.25, marking a dramatic 99% decline from its 52-week high of $236.16. This latest price level reflects a precipitous fall for the logistics company, which has seen its market value erode to just $4.35 million. InvestingPro analysis indicates the stock is currently in oversold territory, with 15 additional technical indicators available to subscribers. Investors have witnessed a staggering 1-year change in the stock’s value, with CTNT shares plummeting by -95.46%. Despite the sharp decline, the company maintains a strong liquidity position with a current ratio of 12.5. The challenges faced by the company are reflected in its Weak overall financial health score, according to InvestingPro’s comprehensive analysis of multiple financial metrics.
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