TIANCI INTERNATIONAL (NASDAQ:CIIT) Issues Earnings Results

TIANCI INTERNATIONAL (NASDAQ:CIIT) announced its quarterly earnings results on Friday. The company reported ($0.09) earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $2.28 million during the quarter. TIANCI INTERNATIONAL had a negative net margin of 11.78% and a negative return on equity of 67.72%.

TIANCI INTERNATIONAL Stock Up 3.9%

CIIT stock opened at $0.63 on Friday. The firm has a market capitalization of $9.37 million and a PE ratio of -3.73. TIANCI INTERNATIONAL has a 52-week low of $0.51 and a 52-week high of $4.40. The business’s fifty day simple moving average is $0.81.

Wall Street Analysts Forecast Growth

CIIT has been the subject of several research reports. Weiss Ratings restated a “sell (d-)” rating on shares of TIANCI INTERNATIONAL in a research report on Saturday, September 27th. Wall Street Zen downgraded TIANCI INTERNATIONAL to a “strong sell” rating in a research report on Saturday, July 5th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, 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.