Tianci International, Inc. (NASDAQ:CIIT – Get Free Report)’s stock price fell 8.3% during trading on Wednesday . The stock traded as low as $1.03 and last traded at $1.10. 36,099 shares changed hands during mid-day trading, an increase of 83% from the average session volume of 19,755 shares. The stock had previously closed at $1.20.
Tianci International Trading Down 8.3%
The firm has a market cap of $3.98 million, a PE ratio of -0.83 and a beta of 0.75. The company’s 50-day moving average is $1.47 and its 200 day moving average is $2.52.
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).
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