Tianci International (NASDAQ:CIIT) Upgraded to Hold at Wall Street Zen

Wall Street Zen upgraded shares of Tianci International (NASDAQ:CIIT) to a hold rating in a report published on Saturday.

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Tianci International in a research note on Thursday, June 18th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Tianci International Trading Down 3.5%

Shares of NASDAQ CIIT opened at $3.63 on Friday. Tianci International has a 12 month low of $2.60 and a 12 month high of $86.80. The company has a 50 day simple moving average of $6.67 and a two-hundred day simple moving average of $17.79. The stock has a market cap of $3.52 million, a price-to-earnings ratio of -0.40 and a beta of 1.70.

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).