Tianci International (NASDAQ:CIIT) Stock Price Up 6.2% – What’s Next?

Tianci International, Inc. (NASDAQ:CIIT) shot up 6.2% during trading on Thursday . The company traded as high as $0.2784 and last traded at $0.2697. 1,668,956 shares traded hands during mid-day trading, a decline of 73% from the average session volume of 6,237,865 shares. The stock had previously closed at $0.2540.

Analyst Ratings Changes

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

Tianci International Price Performance

The company’s 50-day moving average price is $0.47 and its two-hundred day moving average price is $0.54. The company has a market capitalization of $6.83 million and a price-to-earnings ratio of -1.42.

Tianci International (NASDAQ:CIIT) last issued its quarterly earnings results on Thursday, March 12th. The company reported ($0.02) EPS for the quarter. Tianci International had a negative net margin of 26.01% and a negative return on equity of 96.90%. The firm had revenue of $3.88 million for the quarter.

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).