Tianci International (NASDAQ:CIIT) Announces Quarterly Earnings Results

Tianci International (NASDAQ:CIIT) issued its quarterly earnings data on Monday. The company reported $0.01 earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of $4.31 million during the quarter. Tianci International had a negative return on equity of 76.14% and a negative net margin of 14.73%.

Tianci International Stock Performance

NASDAQ CIIT opened at $0.89 on Wednesday. The stock has a fifty day moving average of $1.30 and a 200-day moving average of $2.32. The stock has a market capitalization of $3.21 million, a P/E ratio of -0.99 and a beta of 0.75. Tianci International has a 52 week low of $0.38 and a 52 week high of $15.54.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Tianci International in a report on Thursday, June 18th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

About Tianci International

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).