ZW Data Action Technologies (NASDAQ:CNET) Coverage Initiated at StockNews.com

StockNews.com began coverage on shares of ZW Data Action Technologies (NASDAQ:CNET) in a report published on Wednesday morning. The firm issued a sell rating on the business services provider’s stock.

ZW Data Action Technologies Stock Performance

NASDAQ:CNET opened at $0.75 on Wednesday. The firm has a market cap of $5.40 million, a P/E ratio of -0.91 and a beta of 0.52. ZW Data Action Technologies has a fifty-two week low of $0.65 and a fifty-two week high of $1.33. The firm has a 50-day simple moving average of $0.79 and a two-hundred day simple moving average of $0.87.

ZW Data Action Technologies (NASDAQ:CNET) last released its quarterly earnings data on Friday, June 28th. The business services provider reported ($0.23) EPS for the quarter. The business had revenue of $5.27 million during the quarter. ZW Data Action Technologies had a negative return on equity of 57.48% and a negative net margin of 19.53%.

About ZW Data Action Technologies

ZW Data Action Technologies Inc, through its subsidiaries, provides omni-channel advertising, precision marketing, and data analysis management systems in the People's Republic of China. It offers Internet advertising, precision marketing, and related data services to small and medium enterprises through its Internet portals, including 28.com and liansuo.com that provide advertisers with tools to build sales channels in the form of franchisees, sales agents, distributors, and/or resellers.