Tianci International (NASDAQ:CIIT) Posts Quarterly Earnings Results

Tianci International (NASDAQ:CIIT) posted its earnings results on Thursday. The company reported ($0.02) earnings per share (EPS) for the quarter, FiscalAI reports. Tianci International had a negative net margin of 26.01% and a negative return on equity of 91.09%. The firm had revenue of $3.88 million during the quarter.

Tianci International Stock Performance

Shares of CIIT stock opened at $0.30 on Friday. Tianci International has a 12-month low of $0.22 and a 12-month high of $4.00. The business’s 50 day moving average is $0.47 and its two-hundred day moving average is $0.55. The company has a market capitalization of $7.36 million and a P/E ratio of -1.58.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Tianci International in a report on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Tianci International presently has a consensus rating of “Sell”.

Tianci International Company Profile

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. As a logistics shipping operator, Roshing focuses on ocean freight forwarding services, including container shipping and bulk goods shipping service. For the container shipping service, Roshing charters cargo space from shipping suppliers (such as shipowners, ship carrier or non-vessel operating common carriers) and then sub-charters that cargo space to its customers (cargo owners or cargo agents).